The focus for the British Pound in the coming week includes a Monday call by the UK government on whether or not to fully relax Covid restrictions on June 21 followed by a slew of economic data releases due on Tuesday, Wednesday and Friday.
June 14,2021
Increased UK-EU political tensions are said by a number of foreign exchange analysts to be weighing on the British Pound, but expect relief should any U.S.-lead diplomacy over the issue help bring about an ultimate compromise.
June 11,2021
The UK announced 7,540 new cases of Covid-19 on June 09, up on 4330 reported the previous Wednesday.
June 9,2021
A deterioration in relations between the EU and UK will form the focus over coming days amidst whispers of a potential trade war between the two sides breaking out over a failure to reach agreement on implementing the Northern Ireland protocol.
June 9,2021
UK Covid-19 cases continue to rise rapidly with cases doubling nearly every ten days according to the latest data, but news that hospitalisations are flat and all adults will be offered a vaccine by month end are limiting any major losses in value for the British Pound.
June 8,2021
The British Pound is the top performing major currency of the past month and it will likely overcome concerns related to the Indian Covid variant and rise further over coming months, according to a leading currency strategist.
June 7,2021
The British Pound is being tipped to advance against the Euro but tread water against the Dollar for the remainder of the year, thanks to a strong vaccine-inspired economic rebound.
June 4,2021
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