Excerpt from:  Forex
.
August 25, 2008

U.K. Pound Falls in Forex Trading

Sterling in FX trading
U.K. pound in forex trading
The U.K. pound is falling in forex trading this morning, overall, although it has been stopped from its steep declines of earlier. The sterling is pulling up in FX trading, just below $1.85.

However, it is important to note that the still-precaurious position of the British economy is likely to continue to mean problems for the U.K. pound in forex trading on the currency market, possibly even leading the currency below $1.83.

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Topic Tags:  British economy, forex trading, forex trading currency market, FX trading, sterling FX trading, U.K. pound forex trading

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