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STERLING
STERLING: The pound trades weaker against both the dollar and euro this morning,
with modest dollar strength and profit taking the general theme.
The economic calendar is light today with focus turning to the reconvening of
the House of Commons and a potential reshuffle of cabinet. Reportedly, the
Education Secretary, Business Secretary, Party Chairman and leader of the
Commons will be axed, while the Brexit Secretary, Chancellor and Foreign
Secretary are safe.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com