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After the election is before the election: the pound is under pressure

08 May 2015 Konstantin Meinhardt

The parliamentary election in the U.K. is over. The Conservatives won the UK's parliamentary election. The Conservative Party with the current Premier Minister David Cameron won 330 seats. It is enough to have a majority in the parliament. The win of the Conservatives could mean a stability for the pound. But the prospects of a referendum on Britain's membership in the European Union (Cameron's election campaign promise) could weigh on the pound.

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