(Bloomberg) — The pound jumped by the most since 2017 on mounting signs Boris Johnson’s Conservative Party was on course to secure a strong majority in the U.K. election, raising hopes of an end to the Brexit deadlock.The surge took sterling to its highest level since May 2018 against the dollar and the strongest rate versus the euro since just after the 2016 Brexit vote. The news also rippled through to other assets with the euro touching a four-month high. FTSE 100 Index futures pared an initial decline. U.K. government bonds may come under pressure at the open as uncertainty …read more
Source:: Yahoo Finance
