U.K. Election Unlikely to Have Lasting Impact on Sterling

Sterling traders are likely to quickly move on to other topics if the Labour Party secures a widely-expected large majority in Thursday’s general election, Deutsche Bank said, and expects the euro to fall to 0.8200 pounds by year-end from 0.8472 currently.

Sterling traders are likely to quickly move on to other topics if the Labour Party secures a widely-expected large majority in Thursday’s general election, Deutsche Bank said, and expects the euro to fall to 0.8200 pounds by year-end from 0.8472 currently.