National Australia Bank and Nick Parsons

Minister David Cameron Conservatives: The strain is beginning to show with the UK market, a traditional bastion of Conservative support, unimpressed by Labour policies While at the same time foreign investors are concerned about a Tory victory and the promise to hold a referendum on whether Britain should stay in the EU or opt out, according to Euro News. Nick Parsons, from the National Australia Bank believes the large swings in the value of sterling will continue We expect this pressure to go on because the one thing that seems to be for sure in this election is uncertainty on a scale we’ve never seen before. In the past week the pound has fallen to a five-year low against the US dollar. UK bookmakers William Hill now say a minority government is the most likely, offering odds of 7/4, or a 36 percent chance, on Labour and 11/4, or 27 percent, on Prime Minister David Cameron Conservatives. More about: Currency Legislative election Pound sterling United Kingdom google_ad_section_end (news.financializer.com). As reported in the news.