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    Today is Tuesday, March 16, 2010 at 
    - Countdown to Market Close:

    .co.uk – Sterling fell against the dollar to near a two-week low on Monday after a of support for the UK’s ruling Labour Party in the European election raised the chances of further to Prime Minister Gordon Brown.

    Despite its losses against the dollar, the pound rose against the euro, as the single European currency came under broad selling pressure after Standard &; Poor’s cut its sovereign rating on for the second time in .

    Analysts said Labour’s in weekend European elections added to the surrounding the political future of Britain’s embattled prime minister, who reshuffled his Cabinet on Friday after six of the party’s ministers quit.

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