The Conservative Party lead in the polls has continued to narrow inviting much speculation from analysts in the foreign exchange community as to what it all means for the British Pound.
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Markets are too positive EUR and have turned too negative GBPอพ risk/reward favours short EURGBP argue analysts at Barclays.
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A spectacular turnaround for Pound Sterling as markets close out the month of May.
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The countdown to voting day in General Election 2017 is on and with a surprise boost in the Labour partyโs fortunes stakes have been raised.
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Pound Sterling was seen falling against the Euro and US Dollar overnight following the release of a poll that suggested the UK could be without a majority government following the June 8 poll.
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Pound Sterling saw a bit of a relief-rally at the start of the new week, in line with our expectations for an improvement in the exchange rateโs performance.
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With news that the Conservative party have had their lead slashed to 5% in the latest YouGov poll markets are quickly considering a future of coalition government, or indeed, Labour rule. What doesโฆ
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