Pound Swings Into Red Vs Dollar as PM Johnson's Health Condition 'Worsens'

By Yasin Ebrahim Investing.com - The pound swung into the red against the dollar Monday on concerns about the health of U.K. Prime Minister Boris Johnson after he was moved into intensive care as his battle against Covid-19 intensified. GBP/USD fell 0.31% to $1.223. Just a day after being amitted into a hospital with what was reported as "persistent symptoms," Johnson was moved into intensive care as his condition worsened, according to U.K media reports. "Over the course of this afternoon, the condition of the prime minister has worsened and, on the advice of his medical team, he has been moved to the intensive care unit at the hospital," a government spokesman said.

Related Articles

Pound Flying High, but Covid-19 Impact Will Clip Wings, ING Says

You Need Only Watch the Dollar to Track Market Harm

IMF Mulls Fed-Like Program to Supply Dollars to More Economies