By Yasin Ebrahim
Investing.com – The pound extended its rally pound against the dollar on Tuesday as investors digested news that Prime Minister Boris Johnson remained in intensive care and his condition was “stable.”
rose 0.94% to $1.2344, to trade close to session highs of $1.2385.
U.K. Foreign Secretary Dominic Raab, who is deputizing for the prime minister, said Johnson remained in critical care but his condition was “stable” overnight.
“He’s receiving standard oxygen treatment and breathing without any assistance, he’s not required any mechanical ventilation or non-invasive respiratory support,” Raab added as he delivered the daily coronavirus press conference.
There will be no further update on Johnson’s condition until Wednesday, according to U.K media reports.
The Covid-19 pandemic has infected more than 51,000 in the U.K., with the death toll rising to nearly 5,400.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.