FX

After confirming that coronavirus-related restrictions will be eased further as planned on July 19, British Prime Minister Boris Johnson noted that the pandemic is not over and urged people to proceed with caution, as reported by Reuters.

“We cannot simply go instantly to life as it was before COVID,” Johnson told a news conference and asked people to keep thinking of others and consider risks. “We don’t expect the whole country to return to their desks on Monday,” the PM added. 

Market reaction

The GBP/USD pair showed no immediate reaction to these remarks and was last seen posting modest daily losses at 1.3880.

Articles You May Like

EUR/USD trades in tight range in a holiday-shortened week
Oil prices set for weekly gain on China stimulus optimism
Learn with ETMarkets: Your investment guide to trade base metal futures on MCX in 2025
Video: The real thing to watch with the new US government
Pound Sterling Price News and Forecast: GBP/USD hits 1.2550 amid low trading volume