Sterling Strengthens as PM May Reshuffles Her Cabinet

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OVERVIEW

  • The Sterling shrugs off some reshuffling in the cabinet to strengthen on the day.
  • The Euro remains under pressure as the latest economic data from Germany points to some rare weakness.
  • The Canadian Dollar weakens as the Bank of Canada points to some moderation ahead in the economy.
  • The US Dollar remains unchanged after Friday’s jobs report, with another month wait for further insight.

HIGHLIGHT