Pound Drops To Multi-month Low Against Greenback [GBP/USD]

Pound Drops To Multi-month Low Against Greenback [GBP/USD]
The British sterling lost ground against its major counterparts at noon in New York. As of 11:55 am ET, the pound slipped to a 3-month low of 1.9931 versus the US dollar, a multi-day low of 226.09 against the yen and a 1-week low of 2.3053 against the franc.

Dollar Surges To New Three Onth High Versus Sterling []
The dollar spiked higher versus the sterling Wednesday morning, extending its gains from earlier in the session. The greenback soared above 2 dollars for the first time in over 3-months, peaking at 1.995 at around 11:30 am ET.

Sterling Slips Below 2 Dollars For First Time Since September; UK Sales Growth Down Sharply [GPB/USD]
The British sterling lost ground against its major counterparts Wednesday morning in New York. Trading took place amid news that the Bank of England voted unanimously for a December rate cut and that U.K. retail sale growth has weakened sharply in December.

Stocks Rise After Wall Street Closed Higher On ECB Move - Asian Commentary []
Wednesday, stock markets across the Asia-Pacific region were trading higher after the U.S. stocks finished in the green, amid volatility, following European Central Bank's or ECB move to lend US$500 billion to revive demand in struggling areas of the credit market.

Loonie Strengthens Against Majors In Early New York [USD/CAD]
The Canadian dollar advanced against its major counterparts during the early hours New York trading Wednesday. As of now, the US dollar is trading 1.0042 and the euro is worth 1.4460 against the loonie. The Canadian dollar strengthened to 112.57 against its Japanese counterpart.