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The U.K. pound fell against the dollar and the euro.
The British currency dropped to $2.1008 as of 7:17 a.m. in London, from $2.1035 yesterday, when it climbed to the highest since May 8, 1981. It was at 69.70 pence versus the euro, from 69.64 pence.
Labels: Currency Alerts, Forex Analysis
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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
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