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Pound Falls Most Since 2017 as U.K.'s May Faces Political Crisis

  • Raab steps down, while Rees-Mogg demands confidence vote
  • Money markets price out a central bank rate increase next year
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Guests on Bloomberg Television respond to today’s MLIV Question: "will the next 2% GBP/USD move be up or down?"Source: Bloomberg
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U.K. markets were thrown into turmoil after Prime Minister Theresa May faced the biggest challenge to her leadership since she took office.