|Day's Range||1.345 - 1.351|
|52 Week Range||1.1959 - 1.3507|
Boris Johnson has won the U.K. election and is set for the biggest majority since Margaret Thatcher. News of the predicted win sent the pound sharply up and is likely to see markets rise.
Brexit Party leader Nigel Farage fueled speculation of a return to the U.S. to help Donald Trump’s presidential campaign as his party headed for failure in the U.K. election.
It may seem as if the U.K. has been mired in political turmoil forever, but the deadlock over Brexit and the country’s future may just be broken this week when the public goes to polls.
The U.S announce an in-principal trade agreement with China and exit polls point to a Tory Party majority victory. It’s risk-on…
Investing.com - The British pound jumped as the U.K. general election exit poll showed Thursday the ruling Conservative party running away with a big majority in parliament.
The British pound has gone back and forth during the session on Thursday as the election is going on in the United Kingdom. Quite frankly, most of the traders out there have priced and the idea of a Tory victory.
LONDON MARKETS Sterling slumped on Thursday on uncertainty over the December 12 general election. The pound (GBPUSD) traded as low as $1.3118 from $1.3195 on Wednesday, as traders anticipate whether the Conservatives will secure a majority in Parliament or not.
Investing.com – The pound retreated further on Thursday on fears the ruling Conservative party is set to secure a narrower parliamentary majority than expected after the latest polls showed its lead had shrunk ahead of election results due later.
This morning Britain started voting. The results of the General Elections are important not only in the United Kingdom but around the world.
GBP/USD is testing major resistance ahead of the elections that will pave the path for Brexit. The Tories still lead the polls but it could be a close one.
It’s Election Day across the U.K, and millions of voters will determine what happens next with the Brexit saga, which has lasted three years. If Prime Minister Johnson can win an outright majority, the British pound could respond with significant gains.
US equities strengthened US 10-year treasury yields slipped lower, however, down 5bps to 1.79%, providing a fillip to gold prices. But until we ultimately clear the Brexit and US-China risk, the market could struggle to trade directionally.
It’s finally election day in the UK. Can Johnson win a majority and deliver on Brexit or is there more pain to come. There’s also the ECB.
The British pound has initially pulled back a bit during the trading session on Wednesday, but then turned around to show signs of strength again. With the British pound rally in the way it has, it looks as if we are getting that final push into the elections.
Brexit has been on the back-burner for the past six weeks, as attention has been focused on the snap election in the UK. After the election, the new government will have to again deal with Brexit, and changes at the WTO could complicate matters if the EU and UK fail to reach a trade agreement.
Invesing.com – The U.S. dollar was flat on Wednesday, shrugging off data showing stronger-than-expected inflation as traders awaited a Federal Reserve interest-rate decision later today.
The pound slipped after the YouGov poll released late on Tuesday projected that the Conservative Party would win 339 seats in Parliament, versus 231 for Labour.
The pound remains in a holding pattern, ahead of the election on Thursday. Polls are predicting a Conservative win, but that could change and cause some stronger movement from GBP/USD.
The British pound rallied a bit during the trading session again on Tuesday, as we continue to see traders get on the right side of the potential election results in the United Kingdom.
The British pound climbed further on Tuesday, with the currency extending gains on the expectation the Conservatives will win a majority in Parliament during the general election on Thursday.