{"id":10759,"date":"2009-06-08T00:00:00","date_gmt":"2009-06-08T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"pound-extends-losses-vs-dollar-after-europe-election","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2009\/pound-extends-losses-vs-dollar-after-europe-election.html","title":{"rendered":"Pound extends losses vs dollar after Europe election"},"content":{"rendered":"<p>guardian.co.uk &#8211; Sterling fell against the dollar to near a two-week low on Monday after a collapse of support for the UK&#8217;s ruling Labour Party in the European election raised the chances of further challenges to Prime Minister Gordon Brown.<\/p>\n<p>Despite its losses against the dollar, the pound rose against the euro, as the single European currency came under broad selling pressure after Standard &amp; Poor&#8217;s cut its sovereign rating on Ireland for the second time in three months.<\/p>\n<div>Analysts said Labour&#8217;s drubbing in weekend European elections added to the uncertainty surrounding the political future of Britain&#8217;s embattled prime minister, who reshuffled his Cabinet on Friday after six of the party&#8217;s ministers quit.<\/div>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.guardian.co.uk\/business\/feedarticle\/8547013\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>guardian.co.uk &#8211; Sterling fell against the dollar to near a two-week low on Monday after a collapse of support for the UK&#8217;s ruling Labour Party in the European election raised the chances of further challenges to Prime Minister Gordon Brown. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2410,3358,1302,12041,4885,12702,10713,1274,5775,7708,2902,129,7885,3393,5685,12701,1469],"class_list":["post-10759","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-amp","tag-challenges","tag-collapse","tag-currency","tag-drubbing","tag-european-election","tag-european-elections","tag-gordon-brown","tag-guardian","tag-ireland","tag-labour-party","tag-losses","tag-prime-minister-gordon-brown","tag-second-time","tag-three-months","tag-uk-sterling","tag-uncertainty"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10759"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10759\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}