UK: Deputy PM Lidington resigns as PM Johnson looks to form new government

Following Chancellor of the Exchequer Phillip Hammond and justice minister David Gauke's footsteps, Britain's de facto deputy prime minister David Lidington has announced his resignation, via Twitter, ahead of Boris Johnson being appointed prime minister.

"I wrote to Boris Johnson yesterday to congratulate him on his election, to wish him well & to say I've decided that after 20 years on the front bench it's the right moment to move on," Lidington said. "I shall leave the government when Theresa May offers her resignation to The Queen."

US Dollar Index turns negative near 97.60 ahead of data

The US Dollar Index (DXY), which gauges the buck vs. a bundle of its main competitors, has given away the initial optimism and returned to the 97.60 r
Read more Previous

USD/CAD technical analysis: Set-up seems tilted in favour of bullish traders, 1.3150 marks a key hurdle

Meanwhile, positive oscillators on hourly charts, coupled with the fact that the pair is holding comfortably above its important intraday moving avera
Read more Next