Currency trading with the U.K. poundThe sterling is heading lower in[B] forex trading[/B] on the currency market today as economic data appears positive for the U.S. Earlier in currency trading, the U.K. pound broke below the 1.6100 level. Sterling has pared its losses and is back above 1.6100, but it still remains weak.
Trading is mostly thin on the[B] FX market[/B] today, with investors getting ready for the Christmas holiday this week. Plus, the U.S. dollar is seeing some life as analysts expect good economic data later this week, in terms of durable goods, and home sales.
[B]See Also[/B]
[ul]
[li]Sterling in Forex Trading[/li]Currency trading on the FX market
[/ul]