Pound Falls For Second Day – 8 November, 2017

Sterling dropped against all of its G-10 peers as U.K. prime Minister Teresa May loses a second cabinet member this week, fanning the fire of the already unhappy lawmakers who signed a motion for her resignation last month. The Pound fell by 0.5 percent to $1.3095 extending its losses for a second day. Sterling fell to 88.57 pence per Euro, down 0.6 percent.

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