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Labour's Shadow Chancellor McDonnell: There's never going to be a run on the pound.

The UK Labour's Shadow Chancellor, John McDonnell MP, was reported by BBC Radio as saying that there's never going to be a run on the pound.

Key Headlines:

Labour will fund UK spending through taxation.

Labor plans 17billion pound in spending funded by the tax.

Wouldn't set money aside for no deal Brexit.

Would focus on getting a good Brexit deal.

There's never going to be a run on the pound.

GBP/JPY rebounds to 149.00 handle ahead of UK retail sales

   •  Continues to find some support near the 148.00 handle.    •  Fading safe-haven demand provides an additional boost.    •  Brexit uncertainty k
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US Dollar clings to daily gains around 93.80

After bottoming out in the 93.40 region on Wednesday, the US Dollar Index (DXY) – which tracks the buck vs. a basket of its main rival currencies – ma
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