Boris Johnson — News Archive

    Archives

Pound Rallies Against Weak Dollar on New £30 Billion Stimulus Plan

The pound today rallied higher against the US dollar, driven by positive investor sentiment and the weakening of the greenback against most of its peers. The GBP/USD currency pair today rallied to new highs as investor risk appetite soared buoyed by the government’s new fiscal stimulus plan.

Pound Rallies on UK Manufacturing PMI and Positive Sentiment

The British pound today rallied higher against the US dollar extending yesterday’s positive momentum boosted by Boris Johnson‘s promises of more spending to boost the UK economy. The weak dollar also raised the GBP/USD currency pair as investors reacted to news that a potential coronavirus vaccine had shown positive results in early clinical trials.

Sterling Soft on Brexit Fears, Government Spending Plans

The Great Britain pound was extremely weak today, falling against all other most-traded currencies with the exception of safer ones, like the Japanese yen and Swiss franc (but not the US dollar, which outperformed the sterling). According to market analysts, the main reasons for the drop were Brexit fears and concerns about government spending plans.

Pound Rallies on Positive Sentiment and Post-Brexit Trade Deal Hopes

The Sterling pound today rallied higher against the US dollar driven by positive investor sentiment about EU-UK relations post-Brexit due to recent events. The GBP/USD currency pair today was up as amid resurgent investor risk appetite, in which investors buy riskier currencies.

Pound Falls on Brexit Uncertainty, Weak UK PPI, and Strong Dollar

The Sterling pound today fell against the US dollar as investors bought the safe-haven greenback in anticipation of further stimulus spending by the government. The GBP/USD currency pair got a brief respite from the optimism about a potential Brexit deal, but this was not enough to push the cable into positive territory.

Pound Rallies Despite Housing Data and COVID-19, Tumbles on Brexit

The Sterling pound today ignored the adverse reports coming out of the UK to rally to new 3-month highs against the US dollar boosted by the upbeat investor sentiment. The GBP/USD currency pair ignored the weak housing data and posted gains as investors bought riskier assets and sold safe-haven ones.

Pound Rallies on Brexit Rumours Despite Weak UK Housing Data

The British pound today rallied higher against the US dollar on hopes that the UK and the Europen Union would reach a post-Brexit deal according to recent news headlines. The GBP/USD currency pair rallied to new monthly highs as investors dumped the dollar due to the ongoing violent demonstrations and the risks associated with the same.

Pound Tumbles on Brexit Hurdles as UK Reiterates Hardline Stance

The Sterling pound today fell against the US dollar reversing most of yesterday’s gains as the British government reiterated its hardline stance on the December deadline. Investors sold the GBP/USD currency pair amid despair at the lack of progress, which increases the likelihood of the UK not signing a trade deal with its largest trading partner.

Pound Rallies Higher on Mixed Jobs Data and Upbeat Investor Sentiment

The British pound today rallied higher against the US dollar extending yesterday’s gains driven by positive investor sentiment and the mixed UK jobs data. The GBP/USD currency pair today posted gains after the release of the latest jobs data showing a better than expected unemployment rate.

Great Britain Pound Soft After Economic Data, PM Statement

The Great Britain pound rallied against the very weak commodity currencies but fell against majors today. The sterling was under pressure from extremely poor domestic macroeconomic data and Brexit worries but had some support from hopes for an end of the quarantine period.

Navigation

Menu