Sterling drops in currency tradingThe UK pound is struggling right now in FX trading. The sterling is dopping in currency trading, and the UK pound forex trading forecast calls for further trouble for the currency.
Sterling is expected to do especially poorly in currency trading against the euro next week. Bloomberg reports on the UK pound forex trading forecast:
``Overall, the report about the U.K. Treasury added to negative sentiment against the pound,'' said Tom Levinson, a currency strategist in London at ING Bank NV. Levinson predicted the currency may fall to 80 pence versus the euro next week.
See Also
- Sterling in Currency Trading
Forex trading forecast for various currencies
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