Pound Sterling Surges on Predicted Conservative Landslide, Crashes through 1.20 vs. Euro and 1.34 vs. Dollar

//Pound Sterling Surges on Predicted Conservative Landslide, Crashes through 1.20 vs. Euro and 1.34 vs. Dollar

The Pound shot higher against a host of major currencies on the results of the exit poll of the General Election, that showed Boris Johnson’s Conservative party were on course for a landslide. The Pound surged through the 1.20 barrier against the Euro and 1.34 against the Dollar after the exit poll suggested the Conservatives were on course to win 368 seats, up 51 since 2017 while Labour were on course for their worst result since 1924 with 191 seats, a loss of 71. The Scottish National Party are tipped for 55 seats and the Liberal Democrats 13. The Conservative’s will win a majority of 86 seats in Britain’s election … (full story)

2019-12-13T11:08:12+00:00