UK: Highly likely there won't be a deal between government and DUP this week

Reporting on the latest political developments in the UK, "It is now almost 100% certain that there will be no deal between the DUP and the government this week, and therefore - as I said on Saturday - Theresa May will not risk third meaningful vote this week," ITV's political editor Robert Peston tweeted out recently.

With the initial market reaction, the GBP/USD pair slumped to a daily low of 1.3210 and was last seen trading at 1.3227, losing 0.47% on a daily basis.