The countdown to voting day in General Election 2017 is on and with a surprise boost in the Labour party’s 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 rate’s 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 does…
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“EUR/GBP correction went a bit further, but new buying interest already kicked in just north of the 0.86 big figure”
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Manchester bomb attack been shown to have limited impact on global financial markets with the British Pound maintaining levels and trends that are in keeping with recent days.
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The new week of foreign exchange trade gets off to a poor start for the UK currency with markets weighing up weekend news that Theresa May’s Conservative party has seen its commanding lead in the o…
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