Pound reverses losses on YouGov study indicating tight UK election (news: 31/05/17)

Today's press

• Pound reverses losses on YouGov study indicating tight UK election

  The British pound has come under pressure following research by pollster YouGov suggesting a tight race in next week’s general election.

• Forex - Dollar gains some ground on U.S. rate hike hopes

  Investing.com - The dollar edged higher against other major currencies on Wednesday, helped by growing hopes for a June rate hike in the U.S. and as investors turned their attention to a key U.S. employment report due at the end of the week.

• CBN Pumps $482.6m into Forex Market

  The Central Bank of Nigeria (CBN) on Tuesday sustained its intervention in the inter-bank segment of the foreign exchange (forex) market by injecting a total of $482.6 million into the market.

• British PM May could lose majority in June 8 election: YouGov projection

  Prime Minister Theresa May could lose control of parliament in Britain's June 8 election, according to a projection by polling company YouGov, raising the prospect of political deadlock just as formal Brexit talks begin.