Home Leadership contest against UK PM May has been triggered – RTRS
FXStreet News

Leadership contest against UK PM May has been triggered – RTRS

According to the latest headlines floating on the wires, via Reuters, leadership contest against the UK PM Theresa May has been triggered as the threshold of 15% of Conservatives has been exceeded.

The UK leadership contest ballot is reported to be held at 1800 to 2000 GMT today and the announcements will be made as soon as possible in the evening.

The news prompts some fresh selling around the British Pound, with the GBP/USD pair hitting a fresh 20-month low level of 1.2477 in the last minute.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.