UK PM May asks her top five Cabinet ministers to stay in post

UK Prime Minister Theresa May has asked her top five Cabinet minister to stay in post (Hammond, Boris, Rudd, Fallon and David Davis), Reuters reports.

In the FX space, GBP/USD is trading at 1.2724, down -1.81% on the day, having posted a daily high at 1.2969 and low at 1.2635.