UK PM Theresa May to meet with 1922 Committee at 1030 GMT

As cited by talkRADIO Political Editor, Ross Kempsell, May is set to meet with the 1922 Committee at 1030 GMT.

The meeting is with regard to setting out the timetable for her departure, as PM May is expected to give a firm date on when she would resign from her position during the session.

Meanwhile, the Cable attempts a tepid recovery from three-month lows of 1.2821 to now trade near 1.2840 levels amid a recovery in the risk sentiment, as markets await fresh clarity on the UK political scenario.

USD/CAD slides to fresh weekly lows, closer to 1.3400 handle amid rising oil prices

• Rallying oil prices underpin Loonie and exert some downward pressure. • A modest USD pullback further contributes to the ongoing downfall. • Trader
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AUD/USD recovers in sync with risk, neutral near 0.6930 ahead of US data

The AUD/USD pair erased earlier losses and swung back on the bids in the European session, now printing daily tops near 0.6935 region amid an improvem
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