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Theresa May: A change of leadership would put future at risk

The UK PM Theresa May is on the wires now, via Reuters, making her scheduled speech from Downing Street.

Key Headlines:

I will contest the vote with everything I've got.

I have served this party and I serve the national interest.

Believes that a deal with the EU is attainable.

Says that we are making progress after meeting with European leaders yesterday.

A change of leadership would put future at risk.

The new leader would have to extend or rescind Article 50.

GBP/USD reverses a knee-jerk fall to fresh YTD lows, spikes to mid-1.2500s

   •  News that UK leadership challenge has been triggered prompted some aggressive selling.    •  Possible delay in Article 50 might prevent Brexit
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EUR/USD defends bids near 1.1320 ahead of Juncker-Conte meeting

The EUR/USD pair extends its bearish consolidative mode near weekly lows into the European trading, as the bulls await the outcome of the meeting betw
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