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.

Dec 12, 2018

EUR/GBP: Guided by the outcome of the EU Summit – Danske Bank

Analysts at Danske Bank suggest that the EUR/GBP has stabilised above the 0.90 level and the future direction will be impacted by the outcome of the E

Italian Deputy PM Salvini denies report that his ruling League party is tempted by early election in March

Italian Deputy PM Matteo Salvini was out on the wires in the last hour and denied earlier report that his ruling League party is tempted to go to earl