The European currency rose against the pound after falling to a 6-day low of 0.9242 by about 8:55 pm ET Monday. The pound rose today during early Asian trading as the consumer confidence in Great Britain came better than the analyst's expectations. Data consolidator GfK said that consumer confidence was higher for the second consecutive month in Great Britain, suggesting that measures to end the recession are starting to take hold. The euro is now trading at 0.9272 against the UK currency, compared to 0.9255 hit late Monday in New York.

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