Pound reaches 14-month euro low
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The pound touches its lowest level against the euro in 14 months amid fears over the strength of the UK economy.
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The pound slipped against the dollar after weak inflation figures fuelled expectations that the Bank of England will cut interest rates in the coming months, dealers said Tuesday.
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The pound has staged a late recovery against the euro after slumping to a six-day low against the single European currency.
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The U.S. dollar hit a new all-time low against the euro Friday for the fourth straight day, pushing the European currency above $1.33 amid concerns about the twin U.S. deficits and the lack of any central bank action to stop the dollar's decline.
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The pound was on the backfoot against the euro as further evidence emerged of a slowdown in the housing market.
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The US currency hits its lowest level in more than two years against the yen as fears of a recession grow.
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Sterling recovered slightly against the euro after falling sharply on the back of a survey showing UK manufacturing activity weakened in September.
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The pound remained under pressure, hitting a four-and-a-half year low against the euro of and four month low  against the dollar.
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The dollar plunged to an all-time low against the euro yesterday, and fell past 1.90 to the pound, as European and Japanese central bankers stayed quiet on the prospect of an intervention.
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The dollar slipped to a record low Thursday against the euro in thin, volatile holiday trading. The euro peaked at $1.3667 before easing slightly to $1.3648 in late New York trading, above Wednesday&#39;s late
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The dollar falls to yet another record low against the euro and slips  to its lowest rate against the pound since 1992.
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The dollar tumbled to a record low  against the euro and a 12-year trough versus sterling on  Wednesday as the greenback ran into a fresh wave of selling  after consolidation earlier this week.
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The sagging U.S. dollar fell Thursday to its lowest level against the British pound since 1992.
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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 was weaker against the euro  on Tuesday but above record lows reached after remarks by  European Central Bank chief Jean-Claude Trichet suggested the  ECB was unlikely to intervene to stem the euro's rise.
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The euro edged lower against the dollar on Friday after weaker-than-expected euro zone manufacturing data for September dragged the currency from a fresh record high.
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Eurozone economic confidence sinks to a near two-year low as orders weaken and inflation stays high.