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From the Floor: Tory election fiasco hammers sterling
In a stunning backfiring of prime minister Theresa May's strategy, the British Conservative Party failed to win a majority in Thursday's election, leaving the UK with a hung parliament and a weak hand to negotiate Brexit. The pound fell sharply on the Tories' election humiliation, and GBP could be in for further losses as the election outcome creates huge uncertainty.
16:35 minutes
Tags: from the floor, saxotrader, saxotradergo, tradingfloor.com, uk election result
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