The New Zealand dollar rose against the British pound to the highest level in nearly two weeks after UK Foreign Secretary Boris Johnson became the latest minister to resign from Theresa May's Conservative government over her Brexit plans.
Donald Trump has said that the United Kingdom is in "turmoil" and it is "up to the people" whether or not Theresa May remains Prime Minister.
Foreign Secretary Boris Johnson stepped down on Monday just hours after Brexit minister David Davis's resignation on Sunday evening, calling into question May's ability to deliver the vision of continued close ties with the European Union that she said they had agreed to last week. "Very supportive. I maybe will speak to him when I get over there". Contact with him by the USA president during his visit would be seen by many as an insult to May.
At a press conference later in the grounds of the PM's country residence, Mr Trump insisted he "didn't criticise" the Prime Minister and hit out at "fake news".
The spokesman played down the suggestion that Mr Trump would find it easier to talk to President Putin than the PM, saying that it appeared the remark was meant to be "humorous".
Trump's week-long trip to Europe includes a meeting in Brussels with North Atlantic Treaty Organisation partners, who he has accused of not paying their way, and a summit with Russian President Vladimir Putin in the Finnish capital Helsinki. "I'm not sure. That's not on the schedule, but the president makes his own schedule". In mid-afternoon trade, the pound recovered some of those losses, last at $1.326, following the news that UK Conservative Party Chairman Brandon Lewis said he did not expect a vote of confidence against the prime minister.
"She was the first foreign dignitary to visit the US when he became president".
"I think he is a great representative for your country".
After he was invited past year, more than 1.86 million people signed a petition saying Trump should not be given a state visit because it could embarrass the queen and thousands of police will also be on duty with large protests expected.
More than 50,000 people have signed up to demonstrate in London on Friday when protesters intend to fly a large balloon over parliament portraying Trump as an orange, snarling baby although a counter-gathering to welcome him is also planned. "That's certainly up to the people, not up to me".