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Sterling to suffer further setbacks on Rudd's resignation?

Brexit could be another upset for sterling at the start of this week with UK politics taking the headlines from the off.

It was recently announced today that the UK's Home Secretary, Amber Rudd, has resigned. 

After denying any knowledge of such targets, there were reports that Rudd had personally set a target for an increase in the enforced deportation of immigrants.   

Rudd was to face Parliament again on Monday, but it seems that grilling will not take place.

BoE bets lower, what to do about GBP positions? - Nomura


 

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