Pound falls as home values decline

Note: This section contains information in English only.
Source: Bloomberg
The Sterling tumbled versus the U.S. Dollar, after two reports posting slowdown in the real estate market showing fragility of U.K.'s economy. The U.K. currency fell to the weakest in four weeks versus the Euro as Rightmore Plc reported U.K. home sellers might seek lowering prices to retain buyers, and Halifax said house values fell in July. The Pound slipped 0.5% to $1.5558, and dropped 0.2% to 79.37 pence per Euro.
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Mon, 06 Aug 2012 11:19:07 GMT

Dow Jones shows longest weekly rise since October

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Tue, 07 Aug 2012 16:21:10 GMT

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