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Pound To Euro Exchange Rate: Sterling Slips After Predictions Of Hung Parliament

Pound To Euro Exchange Rate: Sterling Slips After Predictions Of Hung Parliament

But sterling reversed course in the afternoon, after a poll from Kantar showed the Conservatives' lead over Labour had stretched to 10 points, up from eight points in its previous poll last week.

Previous opinion polls suggested Prime Minister Theresa May's party would increase their majority, which is now 17 seats.

He added: "This has been the general pattern of general elections for an age, and whether you believe our poll findings or those of others will depend on whether or not you think Jeremy Corbyn can actually buck that trend".

They showed Theresa May's party might lose 20 of the 330 seats it holds, with Jeremy Corbyn's Labour gaining almost 30 seats.

The unique dynamics of this election campaign have resulted in different polling companies forecasting everything from a hung parliament to a 100-seat Conservative majority this week.

"I have the plan for the Brexit negotiations but I've also got a plan to build a stronger and more prosperous Britain and I'm confident we can do that because I believe in Britain and I believe in the British people". "But the problem that Labour are facing is that although they have gained some ground in the polls, their voters are softer and less certain than the Conservative voters".

The Conservatives are on course for a hung parliament, according to a new poll on next week's General Election.

It uses a new "constituency-by-constituency" model for polling, which the paper says allows for big variations.

The SNP, which is forecast to win 50 seats, would be the only party with enough seats to prop the party up in Government but is unlikely to as it opposes Brexit and much of the Tory platform.

YouGov founder Stephan Shakespeare said in a statement on the YouGov website: "This is just a snapshot based on data form the past seven days and people can and do change their minds in the closing days of a general election campaign".

The study, which entailed thousands of interviews with a panel of participants over a week, was the same approach used by YouGov to gauge sentiment about the referendum on withdrawal from the EU.

"The movement in the polls over this campaign is bigger than in any election I've covered since 1945", veteran poll watcher David Butler said on Twitter. It is not investment advice or a solution to buy or sell securities. Leveraged trading is high risk and not suitable for all. He has a deep understanding of market fundamentals and the impact of global events on capital markets. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.

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