- Several high-profile resignations and the uncertainty surrounding Prime Minister Gordon Brown’s cabinet reshuffle weighed on sterling on Friday as speculation he may resign caused investor jitters.
- However, gains on European equity markets capped sterling’s losses late on, eventually finishing the day only slightly down.
Monday, 8 June 2009
Kiwi finishes down vs. GBP
The kiwi dollar weakened slightly against sterling on Friday as the UK’s political turmoil capped its gains after strong rises on equity markets.
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