Another UK Minister resigns

Source: www.forexlive.com

John Hutton is now the fourth member of the UK cabinet to resign this week, but instead of knifing Prime Minister Gordon Brown in the back, he’s declared that the move was purely for “family reasons” Elsewhere, early results in the European election are showing, as expected, a disasterous showing for the ruling Labour Party. Cable has shrugged off the latest resignation, as a couple of clearers have been seen buying pushing the price up to 1.6145. The 1.6200 area and then 1.6240 are the next areas of resistance


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