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Sterling surge in unusually high volumes stumps traders

Sterling surge in unusually high volumes stumps traders
financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.

Local Matters - Local board thanks volunteers

Local board thanks volunteers Hibiscus and Bays Local Board members with some of the volunteers who received awards for their contributions to the community. Photos, Gino Demeer A total of 13 volunteers from the region were honoured with awards by the Hibiscus and Bays Local Board last month. The local board awards are held every second year, but were interrupted last year by Covid-19 lockdowns, so the presentation held at Estuary Arts Centre on June 29 was the first since 2018. The recipients are nominated by the groups they work with and come from a range of sectors, such as arts, environment, residents and ratepayer groups and education.

Big election win for Nicola Sturgeon and the SNP will hit sterling

How a big election win for Nicola Sturgeon and SNP will hit sterling The pound could be in for a bumpy ride if the party backing Scottish independence scores a knockout victory in Thursday s elections 1 May 2021 • 3:00pm The Brexiteer hedge fund manager Crispin Odey made £220m betting against the pound in 2016 as the UK voted to leave the European Union, but he is sitting on the sidelines this week as Scotland goes to the polls. Nicola Sturgeon, the First Minister, is chasing an overall majority at Holyrood in Thursday’s elections in a bid to create unanswerable pressure for a second independence referendum in a decade – if Westminster decides to grant one.

Sterling drops as new UK lockdown measures outweigh Brexit deal relief | Hellenic Shipping News Worldwide

Sterling drops as new UK lockdown measures outweigh Brexit deal relief The pound weakened against the dollar and euro on Britain’s first day of trading outside the European Union on Monday, as warnings of tighter UK lockdown measures outweighed the relief over the last-minute Brexit trade deal. Sterling initially strengthened against the dollar, even briefly breaking above $1.37 for the first time since 2018 in early London trading, but the move was more driven by dollar weakness than idiosyncratic sterling strength, with analysts still citing COVID-19 and uncertainty over the future relationship between Britain and the EU as downside risks. At 1551 GMT on Monday, the pound was down 0.7% at $1.3573 versus the dollar, which was flat.

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