Conservative victory sends pound higher
The pound surged overnight, hitting a three-year high against the euro and an over one-year high against the US dollar.
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The pound surged overnight, hitting a three-year high against the euro and an over one-year high against the US dollar.
Pre-election jitters failed to knock the pound off its positive footing yesterday, even as opinion polls pointed towards a narrower Conservative lead.
An unexpected stagnation in the UK’s monthly gross domestic product failed to put the pound under pressure yesterday.
The pound is still riding high against its rivals thanks to election optimism, with markets expecting Boris Johnson’s Conservative Party to gain a maj
As the latest poll indicated that the Conservatives are maintaining their lead ahead of next week’s general election the mood towards the pound improv
The pound fell on Tuesday, relinquishing some of Monday’s gains amid rising fears the upcoming election could result in a hung parliament.
GBP exchange rates tumbled ahead of the weekend thanks to a surprise contraction in November’s UK services PMI.