Sterling held gains in Asian trade on Tuesday, having hit a six-month high versu...
TOKYO - Sterling held gains in Asian trade on Tuesday, having hit a six-month high versus the euro and rising as much as 1% against the dollar overnight, as the risk of a hung parliament in UK elections eased slightly.
In a significant boost for Prime Minister Boris Johnson ahead of the Dec. 12 election, Brexit Party leader Nigel Farage said his party was standing down candidates in seats won by the Conservatives in 2017 and would instead focus on challenging anti-Brexit politicians. Against the euro, the sterling strengthened to its highest level since May 8, at 85.62 pence EURGBP=D4. The pair last stood at 85.79 pence.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Election gift for PM Johnson: Brexit Party stands down in Conservative seatsPrime Minister Boris Johnson won the most significant boost of the British elect...
Read more »
Nigel Farage boosts Boris Johnson's election prospects by standing down Brexit Party candidates in Conservative seatsThe Brexit Party is standing down in seats currently held by the Conservative party.
Read more »
Election gift for PM Johnson: Brexit Party stands down in Conservative seatsPrime Minister Boris Johnson won the most significant boost of the British elect...
Read more »
Nigel Farage’s Brexit Party Gives Boris Johnson an Election BoostBritain’s euroskeptic Brexit Party said it wouldn’t contest hundreds of districts held by the ruling Conservative Party in next month’s U.K. election, a boost to Prime Minister Boris Johnson’s chances of returning to Downing Street.
Read more »
The pound soared on hopes for Tory election wins after Nigel Farage says Brexit Party will stand down in some seatsThe pound jumped 0.9% on the news.
Read more »