Sterling in Currency Trading

252171 Resource 119247 120646 120646 1268143779902 1268143779902 Controlled Sterling Continues its Downward Spiral in Currency Trading

U.K. pound can't remain above 1.50 in forex trading

The sterling is continuing its downward spiral in currency trading, after a gallant attempt at gains. However, the <a href="http://www.fxstreet.com/news/forex-news/article.aspx?storyid=b8286c1e-c37f-464e-8c11-002dddafa43b" target="_blank" title="U.K. pound, sterling currency trading, currency trading, forex trading, U.S. dollar, commodities">British currency</a> just can't seem to keep above the 1.50 level at this point.  <a href="item/252170" target="_blank" title="U.K. pound, sterling currency trading, currency trading, forex trading, U.S. dollar, commodities">Problems in the euro zone</a> are causing some pressure on the sterling, as are dropping gold and oil prices. Sterling often moves in forex trading with commodities. However, other issues are also extent for the pound.  One of the big ones is continued concern over economic fundamentals. The British economy continues to recovery slowly -- sometimes even moving backward. Additionally, there are continued concerns about Britain's ability to handle the large amounts of public debt it incurred as part of economic stimulus efforts. 9 application/xml false commodities currency trading forex trading sterling currency trading U.K. pound U.S. dollar Sterling in Currency Trading Forex trading on the currency market http://www.fx360.com/land/?item=calendar&aid=7358 Mozilla/5.0 (Macintosh; U; Intel Mac OS X 10.5; en-US; rv:1.9.1.8) Gecko/20100202 Firefox/3.5.8 GTB6 127.0.0.1 127.0.0.1 mmarquit 63.248.48.57 false true false false true 119247 blog blogsite/GFTForex/web