U.K. pound in forex tradingThe sterling appears to be continuing downtrend in currency trading on the [B]FX market[/B]. The U.K. pound can’t seem to get a break in forex trading, as traders seem focused on concerns about British government debt, and the continued sluggishness of economic growth. Also of concern is the worsening jobs situation in Britain.
As a result, it really isn’t much of a surprise that the sterling can’t seem to find solid support in [B]currency trading[/B]. The euroappears to be doing better for now, but it is likely only a matter of time before things get worse for the euro.
In the end, the [B]U.S. dollar[/B] remains the most stable of the major currencies, and it is likely to retain its edge in forex trading for a little while longer.
[B]See Also[/B]
[ul]
[li]Sterling in Currency Trading[/li]Forex trading on the currency market
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