The announcement comes more than month after the incoming president tapped Rubio as his secretary of state designee, prompting speculation that Lara Trump could fill the vacant seat in the US Senate.

The Pound to Dollar (GBP/USD) exchange rate hit 7-month lows at 1.2475 before creeping back above 1.2500. The Pound to Euro (GBP/EUR) exchange rate also retreated to 1.2040. "GBPUSD has sold off c ...