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Excerpt from:  Forex Analysis
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November 21, 2008

U.K. Pound Looks for Stability in Currency Trading

Sterling finding its footing in forex trading
The U.K. pound is looking for stability in currency trading on the FX market, and it looks as though it may be finding it. Even though things have been rough for the sterling in forex trading, the currency may be finding its footing.

Right now, the FTSE 100 is rebounding on the stock market, and there is hope that the large interest rate cuts made by the Bank of England will help the British economy.

As a result, the sterling is heading for weekly gains against the U.S. dollar and the euro in forex trading.
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PermalinkMore on the Sterling in Forex Trading
.Currency trading with the U.S. pound
.http://www.bloomberg.com/apps/news?pid=20601083&sid=aj_2RX6n1XTE&refer=currency
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PermalinkSterling in Forex Trading
.Currency trading on the FX market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  currency trading, currency trading FX market, euro forex trading, forex trading, FTSE 100, sterling forex trading, U.K. pound currency trading, U.S. dollar
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