Pound Sterling is set to remain pressured by the Euro.
Pound-to-Euro stabilises at 1.1563 as Starmer backs Reeves, for now.
Wall Street investment bank Goldman Sachs has lowered its forecasts for the Pound to Euro exchange rate.
The first half of the year saw the Pound to Euro Exchange rate (GBP/EUR) endure a notable fall, and a rebound looks some way off as the UK's star continues to fade.