FX

UK PM Johnson planning to postpone June 21 lockdown lift – The Sun

British Prime Minister Boris Johnson is planning to delay the lockdown lift to July 19, which was originally scheduled to take place on June 21, to July 19 amid rising cases of the coronavirus Delta variant, The Sun reported on Friday.

According to the news outlet, the UK will have a two-week review and could drop restrictions on July 5 if hospitalizations remain low.

Market reaction

The GBP/USD pair edged modestly lower after this headline and was last seen losing 0.53% on the day at 1.4058.

Articles You May Like

Forexlive Americas FX news wrap 17 Mar: Rates move sharply lower sending the USD lower
Silver ETF: Should you buy it as silver prices soar?
European equities down at the open with bank stocks lower
Gold rally cools as focus turns to Fed move
Fed poised to approve quarter-point rate hike next week, despite market turmoil

Leave a Reply

Your email address will not be published. Required fields are marked *