Disclaimer: Forex trading involves high risks, with the potential for substantial losses and is not suitable for all persons. The views expressed in this blogsite are those of the author(s) and do not necessarily reflect the official policy, position, or opinions of Global Forex Trading. Excerpt from: Forex Forecast
|  | | September 05, 2008 | | Sterling predicted to continue to drop in currency trading | After making some slight progress yesterday in FX trading, the sterling is once again falling on the currency market. The U.K. pound forex trading forecast calls for more losses as worries over the British economy continue to mount. Bloomberg reports on the sterling in currency trading:
``Sterling is really seen as the currency-market dog, if you
like, being seen to be sold for any reason you can possibly think
of,'' said Jeremy Stretch, a senior strategist in London at
Rabobank International, the third-largest Dutch bank. ``It's
difficult to find too many ways to be positive about sterling.'' | Topic Tags: British economy, currency market, currency trading, forex trading, forex trading forecast, FX trading, FX trading currency market, sterling currency trading, U.K. pound forex trading | |
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