Economic Calendar

Tuesday, December 9, 2008

U.K. Pound Snaps Two-Day Gain Against Dollar, Rises Versus Euro

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By Matthew Brown

Dec. 9 (Bloomberg) -- The pound snapped two days of gains against the dollar.

The U.K. currency slid to $1.4838 as of 6:39 a.m. in London, from $1.4915 yesterday. It strengthened to 86.76 pence per euro, from 86.89 pence.

To contact the reporter on this story: Matthew Brown in London at mbrown42@bloomberg.net




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