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YouGov poll: PM May's lead shrink to 3% a week before UK election - RTRS

Just a week before the crucial UK general election on June 8, the latest YouGov opinion poll, as reported by Reuters, showed Conservative party's lead has fallen to a fresh low of 3%. Opposition Labour polled 39% against the Conservatives' 42%.

Political uncertainty negated slightly better-than-expected UK manufacturing PMI and continued exerting some selling pressure around the British Pound. The GBP/USD pair was last seen trading around mid-1.2800s, down over 70-pips from yesterday’s three-day highs.

Gold retreats from 5-week tops, around $1,265/oz

The better tone around the greenback is weighing today on the demand for the safe haven metal, dragging the troy ounce to the $1,265 region. Gold off
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USD: Feeble attempt to form a base between 96.8-97.8 - Westpac

Richard Franulovich, Research Analyst at Westpac, suggests that the USD index is making a feeble attempt to form a base between 96.8-97.8. Key Quotes
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