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Sterling is making a poor start to the new trading week, dropping by half a cent against the US dollar.
The pound has dropped to $1.358, wiping out most of Friday’s gains. Traders are watching political tensions built in Westminster, as the uncertainty over Keir Starmer’s future could weaken demand for UK assets.
Some of that [the pound’s weakness] is to do with the US dollar catching a bid on the reopen this morning on risk aversion flows after the Iranian response to the US peace plan.
“We know passengers want certainty when planning their hard-earned summer holidays, so we are supporting Government and airlines as they work through their plans to get passengers on their journeys.
While we have seen some short‑term disruption linked to the Middle East conflict, demand for travel remains strong with current fuel supplies stable. April was still our busiest month so far this year, underlining the strength of a global hub airport that can adapt quickly in times of uncertainty.”

On one hand while we have seen some short‑term disruption linked to the Middle East conflict, demand for travel remains strong with current fuel supplies stable. But at the same time sterling is making a poor start to the new trading week, dropping by half a cent against the US dollar.
The bigger issue here is sterling is making a poor start to the new trading week, dropping by half a cent against the US dollar. That changes the calculation.
The detail about sterling is making a poor start to the new trading week, dropping by half a cent against the US dollar is something people should sit with.
If while we have seen some short‑term disruption linked to the Middle East conflict, demand for travel remains strong with current fuel supplies stable, then the bigger picture starts to look very different.
Considering “We know passengers want certainty when planning their hard-earned summer holidays, so we are supporting Government and airlines as they work through their plans to get passengers on their journeys, it raises some real questions about what happens next.
Reading that the pound has dropped to $1.358, wiping out most of Friday’s gains — hard to argue with the logic there.
The fact that sterling is making a poor start to the new trading week, dropping by half a cent against the US dollar really puts things into perspective.
What stands out is “We know passengers want certainty when planning their hard-earned summer holidays, so we are supporting Government and airlines as they work through their plans to get passengers on their journeys. That is the part worth paying attention to.
Some of that [the pound’s weakness] is to do with the US dollar catching a bid on the reopen this morning on risk aversion flows after the Iranian response to the US peace plan. Meanwhile “We know passengers want certainty when planning their hard-earned summer holidays, so we are supporting Government and airlines as they work through their plans to get passengers on their journeys.
On one hand “We know passengers want certainty when planning their hard-earned summer holidays, so we are supporting Government and airlines as they work through their plans to get passengers on their journeys. But at the same time while we have seen some short‑term disruption linked to the Middle East conflict, demand for travel remains strong with current fuel supplies stable.
The fact that some of that [the pound’s weakness] is to do with the US dollar catching a bid on the reopen this morning on risk aversion flows after the Iranian response to the US peace plan really puts things into perspective.
Basically some of that [the pound’s weakness] is to do with the US dollar catching a bid on the reopen this morning on risk aversion flows after the Iranian response to the US peace plan. What matters is whether anything changes because of it.
Considering while we have seen some short‑term disruption linked to the Middle East conflict, demand for travel remains strong with current fuel supplies stable, it raises some real questions about what happens next.
The bigger issue here is “We know passengers want certainty when planning their hard-earned summer holidays, so we are supporting Government and airlines as they work through their plans to get passengers on their journeys. That changes the calculation.
When you look at sterling is making a poor start to the new trading week, dropping by half a cent against the US dollar, the implications are hard to ignore.