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14 Apr 2015
UK Elections: Sterling holding a Tory bias – Investec
FXStreet (Barcelona) - Jonathan Pryor, Head of FX dealing at Investec, comments on yesterday’s UK election opinion polls and the impact on GBP.
Key Quotes
“After Friday's Sterling decline which coincided with news that Labour moved ahead in several opinion polls, yesterday a Guardian ICM phone poll showed the Tories ahead with a commanding 6% lead over Labour.”
“As the news hit markets, the Pound saw instant strength - again pointing to Sterling holding a Tory bias.”
“In the poll, support for Tories rose three points to 39% as Labour dropped two to 33%, Lib Dems remained at 8% and UKIP dropped back two points to tie with Greens on 7%.”
Key Quotes
“After Friday's Sterling decline which coincided with news that Labour moved ahead in several opinion polls, yesterday a Guardian ICM phone poll showed the Tories ahead with a commanding 6% lead over Labour.”
“As the news hit markets, the Pound saw instant strength - again pointing to Sterling holding a Tory bias.”
“In the poll, support for Tories rose three points to 39% as Labour dropped two to 33%, Lib Dems remained at 8% and UKIP dropped back two points to tie with Greens on 7%.”