Theresa May could resign in June, the Pound Sterling declined


© Reuters.

Investing.com – The Pound is lower this Thursday after the announcement of the resignation of the first minister of the united kingdom, Theresa May this summer, as the agreement of withdrawal of Brexit is adopted or not.

The cable was down 0.4%, with GBP/USD at 1,2790 at 16: 20. The Parliament is expected to vote on the agreement on the Brexit in June, and May has already announced that it would withdraw if the plan was adopted.

Boris Johnson has confirmed earlier that he wished to replace May as the Prime minister.

Meanwhile, the Dollar rose after the jobless claims rose less than expected.

The Dollar index, which measures the greenback’s strength against a basket of six major currencies, was up 0.3% to 97,643.

The data showed that the number of people who applied for unemployment fell to 212 000, the us economy is continuing to support full employment.

The Dollar is rising against the Yen and refuge, with USD/JPY up 0.2% to 109.82.

The Euro has been falling, with EUR/USD down 0.2% to 1,1172 while USD/CAD was 1,3428.

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