Politics and its impact on Forex market| FXStreet

UK Local Elections: Stay Bullish on GBP

Noise around the UK local council elections highlights the fact that in today's lightning-fast media cycle not every election matters equally. Pundits are trying to make the case that a wide victory by PM Theresa May's Conservative Party suggests a sweeping victory in the General Election on June 8. But we suspect that this latest vote is more focused on local issues and less about Brexit. Making an extrapolation to broader voter sentiment is difficult, especially given a low turnout.


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