210982 Resource 119244 120646 120646 1218630123316 1218630123316 Controlled UK Pound Slides in Forex Trading

Sterling struggles in currency trading

<font size="2"><span style="font-family: verdana,arial,helvetica,sans-serif;">The <a href="item/210900" target="_blank" title="UK pound forex trading, sterling currency trading, US dollar currency trading, sterling FX trading, FX trading dollar, inflation, British economy">UK pound is sliding rather dramatically in forex trading</a> on the currency market today. The sterling is struggling against the US dollar in currency trading as growth reports show a slowing economy.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">Another report that added problems for the beleagured pound in FX trading was the inflation report. <a href="http://www.actionforex.com/fundamental-analysis/daily-forex-fundamentals/boe-august-inflation-report-shakes-markets-2008081356264/" target="_blank" title="UK pound forex trading, sterling currency trading, US dollar currency trading, sterling FX trading, FX trading dollar, inflation, British economy">Inflation</a> appears to be a fixture in the <a href="http://www.marketwatch.com/news/story/story.aspx?guid=%7B5B7817EF%2DFE35%2D40F9%2D97E0%2D8BDC4A87ED66%7D&siteid=rss" target="_blank" title="UK pound forex trading, sterling currency trading, US dollar currency trading, sterling FX trading, FX trading dollar, inflation, British economy">British economy</a>, as well as slowed growth.</span><br style="font-family: verdana,arial,helvetica,sans-serif;" /><br style="font-family: verdana,arial,helvetica,sans-serif;" /><span style="font-family: verdana,arial,helvetica,sans-serif;">As a result, the UK pound is dropping against all other major currencies in forex trading, especially the US dollar. The sterling is at a level below $1.88, which is a rather large departure from the $2 it was at only a month ago.</span></font><br /> 9 application/xml false British economy forex trading currency market FX trading dollar inflation sterling currency trading sterling FX trading UK pound forex trading US dollar currency trading Currency market and the sterling http://www.torfx.com/blog/2008/08/pound-records-further-losses-against.html Forex trading on the currency market http://www.gftforex.com/land/index.asp?aid=446 Mozilla/5.0 (Macintosh; U; Intel Mac OS X; en-US; rv:1.8.1.16) Gecko/20080702 Firefox/2.0.0.16 127.0.0.1 127.0.0.1 mmarquit 66.182.71.18 false true false false true 119244 blog blogsite/GFTForex/web