Pound drops to new all-time euro low
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The pound continued its descent Friday, falling to an all-time low against the euro as concerns about the UK economy next year weigh on the currency.
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The pound finished lower against major currencies on Tuesday, despite earlier hitting a high against the US dollar.
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The U.S. dollar slid to a new low Wednesday against the euro, which rose to an all-time high of $1.3179 in late New York trading, breaking a day-old record as jittery markets kept up pressure on the U.S. currency.
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The dollar tumbled to a record low  against the euro and a 12-year trough versus sterling on  Wednesday as it ran into a fresh wave of selling after  consolidating earlier this week.
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The dollar slumped to a fresh all-time low against the euro yesterday as John Snow, the US Treasury Secretary, poured cold water on hopes of intervention to stem its decline.
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The dollar dropped to an all-time low  against the euro on Thursday for the sixth consecutive session,  as traders took aim at technical targets in a thin market.
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The pound was down agaist all major currencies in early trading Tuesday.
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Dollar fell to an all-time low of $1.3068 against euro on Wednesday. Against yen, it slipped to 103.66, the lowest level since April 1. Market analysts contemplate the possibility of dollar-euro exchange rate reaching $1.35 and 100 yen within months.
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The US dollar dropped to a new all-time low Tuesday against the euro, which rose to $1.3335 even as new figures showed that US economic growth in the third quarter was stronger than previously estimated.
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The pound fell a 10-month low against the dollar and its lowest level against the euro on Wednesday, amid increasing speculation the Bank of England will deliver a back-to-back rate cut to revive a slowing British economy.
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The pound fell to a new low against the euro amid mounting expectations that the Bank of England will cut interest rates in February.
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The pound has edged lower against the dollar after reaching fresh two-year highs overnight.
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The US dollar dropped to a new all-time low yesterday against the euro, which rose to $1.3335 even as new figures showed that US economic growth in the third quarter was stronger than previously estimated.
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The pound was sharply lower after the IMF released a negative report on the UK, denting sentiment yet further after the release of more gloomy news on the UK housing market.
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The dollar fell to a new record low against the euro on Tuesday as investors, tiring of tough talk on exchange rates by European officials, dismissed new warnings from euro zone officials.
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The pound tumbled to a nine-month low against the euro yesterday after the publication of October&#39;s minutes of the monetary policy committee showed there had been no discussion of a possible rate increase, fuelling speculation that interest rates have
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The dollar fell to a new low Wednesday against the euro, which touched $1.3646 in thin year-end trading.