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- ABC News ABC News features a wide variety of stories and videos related to sterling, a form of currency used in many countries. In addition to news stories about changes in the value of sterling and its impact on the global economy, ABC News also produces stories about the history of sterling, the British Royal Family's relationship with the currency, and other topics related to the currency. There are also videos about the making of British coins and the history of the Bank of England.
The Pound Sterling (GBP) remains flat during the North American session on Monday as the US government shutdown reaches its sixth day, which has kept financial markets trading blind due to the lack of economic data. GBP/USD trades at around 1.3474, virtually unchanged.
The Pound Sterling (GBP) declines 0.3% to near 1.3440 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair slumps as the safe-haven demand of the US Dollar increases due to political jolts in Japan and France.