The euro, at $1.2551, extended its recent bounce into Asian trade. The euro has bounced strongly since hitting a four-year low below $1.22 on Wednesday.

The British pound slipped to $1.4383 from $1.4417 late Thursday, as the uncertainty created by the euro sovereign debt crisis continues to force foreign currency investors to look beyond Britain to the safer-haven of the U.S.

The euro slipped to $1.2333 from $1.2429 in late North American trading Wednesday.

Any hopes that the only significant economic data coming out of the UK economy today would provide a boost to the British Pound have proved short lived. The Office for National Statistics said sales volumes including petrol and diesel rose 0.3pc last month, slightly better than analysts' forecasts of a 0.2pc rise, after an upwardly revised increase of 0.5pc in March.

GBP/USD is 0.28% lower at $1.4369.

The euro fell below $1.22 for the first time since April 2006, but in morning trading had edged back to trade up 0.2 percent at $1.2205.

The pound traded near its lowest level in more than thirteen months against the dollar on the news from Germany, spurring demand for the perceived safety of the U.S. currency.

The U.K. currency fell to $1.4239, its lowest level since March 30, 2009.

The euro dropped as low as $1.2315, before pulling back to $1.2400.

The U.K. pound plummeted to a fresh 13-month low against the dollar after new Prime Minister David Cameron said that the government had discovered “very bad” spending decisions by the Labour Party.

The Pound weakened to a low of $1.4259 against the Dollar, losing 1.1% on the day, after reaching the lowest level since March 31st 2009.

The single currency is at $1.2316 versus the dollar in recent action, down from $1.2375 in North American activity late Friday but a modest recovery from a low of $1.2233 earlier in the day, which marked its lowest level since April 2006.

The British Pound extended the decline from the previous week and slipped to a fresh yearly low of $1.4255 on Monday as the uncertainties surrounding the prospects for fiscal policy weighs on the outlook for future growth.

On the Regional Government Securities Market, the Government of St Vincent and the Grenadines' $20 million 91-day Treasury bill issue was over-subscribed by more than $15 million resulting in a closing discount rate of 4.50%.

The next auction of the Government of St Vincent and the Grenadines takes place on Thursday 17 June 2010.

TRINIDAD
Over in Trinidad, all three market indices posted gains as no shares recorded declines for the week. More than 886 000 units of stock crossed the floor valued at over $14.8 million with 7 shares advancing. Guardian Holdings Limited was the volume leader accounting for 44% of the overall weekly activity followed by Ansa Mc Al Limited with 14.55% and Prestige Holdings Limited with an additional 12.29%.

JAMAICA
On the Jamaica Stock Exchange market fell declined as 17 of the 33 shares traded declined for the week. NCB Jamaica emerged volume leader with over 64% followed by Jamaica Broilers Ltd. and Sagicor Life Jamaica Limited combining for an additional 22.1%. Supreme Ventures Limited was the lead advancer closing up 12.29% to end the week at $2.65.

BARBADOS
There was an overall increase in activity on the Barbados Stock Exchange as over 67,000 shares were traded, despite market indices closing down for the week. Sagicor led the way with 75% of the shares traded holding firm on price closing the week at $3.05. FCIB was the week's biggest loser closing down 9.7% to end the week at $2.70.

INTERNATIONAL
On the international front, U.S. stocks rose, halting a two-week slump, as an almost $1 trillion aid package for indebted European nations triggered the biggest daily rally in a year and drove up shares prices.

And finally in currencies news, the Euro fell to its lowest level since the collapse of Lehman Brothers Holdings Inc. on concern that the 16-nation currency may be headed for disintegration.

The emergency financing deal sealed last weekend initially pushed up the euro. However, concerns over the cost to European countries and the strangling effect of cuts in government spending on stagnant or shrinking economies have weighed on the currency in the days since then.

The euro slid as low as $1.2433, its weakest since November 2008, before climbing back to $1.2466 in afternoon European trading.

Reaction to the British General Election has driven down the British Pound, as some analysts view the Liberal Democrat and Conservative coalition government as unable to provide strong leadership and fast decisions in the business world.

The pound dollar exchange rate currently stands at $1.4550.

Traders were waiting to see whether the weekend rescue package for the euro zone would continue to bear fruit, and whether the combination of the British Conservative-Liberal government would prove effective at its inception.

The euro slipped to $1.2584 from $1.2625 on Wednesday, and the British pound $1.4759 from $1.4831.

The euro dropped to $1.2632 in morning European trading Wednesday from $1.2694 the night before in New York.

The British pound extended its recent rebound against the dollar, pushing higher after Conservative leader David Cameron took office as Britain's prime minister, with Nick Clegg of the Liberal Democrats as his deputy.

GBP/USD hit $1.4998 during early European trade.

The euro fell to $1.2749 after spiking above 1.30 dollars on Monday

The U.K. pound slumped immediately after Gordon Brown’s resignation statement which left the door open to a Labour / Liberal Democrat deal and cast doubt on whether a Tory / Liberal Democrat coalition would be formed.

The pound was at $1.4830 in early trading, after reaching the $1.50 mark yesterday.

The euro bought $1.2973 in early trading, down slightly from a recent high but up from $1.2523 last week.

The U.K. pound rose against the dollar amid speculation Conservative Party leader David Cameron would ally with the Liberal Democrats to create a coalition government strong enough to tackle the nation’s record budget deficit.

The British currency snapped a run of six declines against the dollar as both political parties said they will prioritize managing the U.K.’s finances, should an alliance be formed after last week’s election produced no clear winner.

The pound rose as high at $1.50, before dropping back slightly to $1.4987 morning trading.