News

UK PM Johnson: Coronavirus lockdown easing delayed by a month to July 19

British Prime Minister Boris Johnson announced on Monday that they will be delaying the coronavirus lockdown easing by a month to July 19 amid rising cases of the more infectious Delta variant, as reported by Reuters.

Additional takeaways

"At a certain stage, we will have to learn to live with the virus."

"The delay is designed to reduce the current surge in infections."

"By July 19, we do think we will have built up a considerable wall of immunity."

"On that basis, we should be able to go forward with the full opening."

"I think we will be able to deliver step for on July 19."

Market reaction

These comments don't seem to be having a noticeable impact on the British pound's performance against its rivals. As of writing, the GBP/USD pair was virtually unchanged on the day at 1.4110.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.