The UK Election’s Impact on Sterling: Crucial Factors at Play
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Loveworld / 3 days
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The British pound has shown resilience ahead of the anticipated landslide victory for the opposition Labour Party, reflecting currency traders’ optimism about a shift in political dynamics away from the Conservative ruling party’s turbulent era. On a trade-weighted basis, sterling has returned to levels not seen since the Brexit referendum in 2016, signaling expectations of […]