Sterling retreats from early gains on UK election day
Concerns of a hung parliament
Sterling volatile on General Election day
Sterling reached a two-week high this morning but quickly pulled back this afternoon as investors nervously await the result of the UK General Election.
The pound was trading at $1.297 this morning but retreated from early gains to trade around $1.292 this afternoon, making it 0.3% lower on the day. The volatility reflects market concerns over whether...
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