Excerpt from: Forex Commentary
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| July 19, 2010 | | Sterling falls in forex trading | The U.K. pound is dropping again in currency trading on the FX market. After rising earlier today, sterling is lower in forex trading against the U.S. dollar.
While the euro gets a leg up against the greenback as the anti-dollar, the sterling can't seem to pull it together. Debt concerns were renewed by the Irish downgrade, even though Ireland is in the euro zone.
Even gains by the FTSE 100 haven't been able to help the sterling in forex trading. The U.K. pound just can't seem to get a break in currency trading.
| Topic Tags: currency trading, euro, forex trading, FTSE 100, FX market, U.K. pound, U.S. dollar | |
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