19/11/2019

Further Brexit Party Withdrawals


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18/11/2019

Further Brexit Party Withdrawals


GBP

The pound received another boost at the end of week as the Brexit Party stood down another 43 seats, a move that has been seen as helpful in allowing the Conservative Party to gain a majority in upcoming UK elections. Sterling has appreciated off the back of this as the chances have increased that UK will be leaving with a deal thanks to a Conservative majority.

The Brexit Party had already announced withdrawals earlier in the week, but there was still concerns about their presence in marginal seats where the Conservatives finished second in 2017. A poll conducted earlier in the week showed that the Conservatives were up at 43%, with the Labour party behind with 30%.

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Why choose RationalFX?

Based in the heart of London’s financial district Canary Wharf, RationalFX has traded over $10billion in currencies across the globe. Take advantage of our competitive exchange rates, market expertise, suite of FX products and online payment platform when you make bank to bank transfers in over 50 currencies worldwide.

Whatever your reason for making overseas payments, we’re confident our currency specialists can save you time and money while providing peace of mind. Call our team now on: +44 20 7220 8181