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.
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Election gift for PM Johnson: Brexit Party stands down in Conservative seatsPrime Minister Boris Johnson won the most significant boost of the British elect... Had to happen - a split Brexit vote was not on the agenda really. Courageous and very dignified gesture from our leader to the Prime Minister, I only hope he respects this move. It’s not a gift. Many of those seatsThe Tories won are very marginal anyway, and the seats the brexit party will now contest are ones the Tories were looking to win back but now might not. I expected Reuters to be more on the ball of this stuff.
Source: Reuters - 🏆 2. / 97 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.
Source: BusinessInsider - 🏆 729. / 51 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... It’s not a gift, it’s basically taking away his excuse if he doesn’t land it in the north! Now only if the left leaning parties decided to not split *their* votes... This is, with my Brexit-is-a-useless-waste-of-time hat on, a situation that must be answered. Farage or Boris, WeDeserveBetterThanThis!
Source: Reuters - 🏆 2. / 97 Read more »
British pound surges after Brexit Party leader Nigel Farage says he won’t challenge Conservative seatsThe British pound shot higher on Monday, after Brexit Party leader Nigel Farage said his party won’t contest seats captured by the ruling Conservative Party in the last election.
Source: MarketWatch - 🏆 3. / 97 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. 🤢 Britain’s euroskeptic Brexit Party,hoping to stop anti-Brexit parties from forming coalition to call for a 2nd referendum,won't field candidates in 317 seats held by the Conservatives RE:unilateral pact. Tories aren't officially allying with the BP wsj
Source: WSJ - 🏆 98. / 63 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. Two faced turncoat 'This is not Brexit' Farage sells out to Johnson and betrays everything he said last week POUND SOARS on announcement that Nigel_Farage Crawls back into his hole to practice his Russian full time. Fake, hopeful news .
Source: BusinessInsider - 🏆 729. / 51 Read more »