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| Wednesday 23rd May 2012 News: | |||||||
| CURRENCIES: British Pound Rallies Vs. Dollar After GDP Data The dollar traded little changed against the euro and the yen Friday, with no U.S. economic data to provide direction, but the British pound gained after data showed Britain's economy growing at a faster-than-expected pace in the third quarter. The dollar was last quoted at 118.66 yen, up slightly from 118.13 yen late Thursday. The euro traded at $1.2617 compared with $1.2623. Meanwhile, the British pound rallied to $1.8834 from $1.8769 late Thursday. Euro, pound ease back from highs THE euro and the pound fell off highs against the dollar overnight as traders squared their positions ahead of the weekend and digested a string of comments from central bank officials during a confer... Dollar Rises Against the Pound and Yen NEW YORK -- The dollar rose against the yen and pound, but slipped against the euro Monday amid a lack of new U.S. economic data. Forex Outlook Online Stock Trading Company Trading Currencies are always traded in pairs the us dollar against the japanese yen, or the english pound against the euro. simultaneously buying one foreign exchange (forex, fx) currency and selling another. From free to $1000 or more. the cost of a forex course varies Pound falls on Blair uncertainty The pound has fallen on uncertainty over Prime Minister Tony Blair's departure from office and the turmoil surrounding the Labour leadership. Sterling hit a one-month low against the dollar after M... U.S. dollar slides against euro, pound The dollar fell against the euro and the pound Thursday after the European Central Bank and the Bank of England raised interest rates. Pound Gains Ground On Tuesday [] The pound advanced against the other major currencies on Tuesday. The advance pushed the British currency to yet another nearly 2-year high versus the dollar. The pound added to its multi-year peak against the yen as well. Tuesday's trading took place without the release of any major economic news from the UK. | |||||||
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