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The G7 meeting at the weekend spotlighted a growing rift between the US and its key allies, with German Chancellor Angela Merkel saying that Europe can no longer completely rely on the US and UK. GBP is on the backfoot due to tightening of opinion polls between Labour and the Conservatives in the run-up to the UK's June 8 election.
12:34 minutes
Tags: bonds, donald trump, draghi, equities, forex, fx, gbp, german cpi, john hardy, michael boye, nfp, nintendo, pce, peter garnry, saxostrats, saxotradergo, sterling, usd, usdcnh