29-10-2019 21:40 via news.yahoo.com

Pound Needs More Than Election Date to Sustain October’s Rally

(Bloomberg) -- Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.Pound traders are unlikely to find that the promise of a December U.K. election provides an escape from the Brexit maze.The currency was little changed after Prime Minister Boris Johnson won backing in Parliament for a Dec. 12 general election. An election is unlikely to send the pound plunging with the Conservatives ahead in the polls, strategists say. Yet there is enough uncertaint
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