Pound pops on imminent Tory victory

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by Chris Becker

The Pound is surging this afternoon with imminent victory by the incumbent Conservative Party (Tories) overnight in the UK general election:

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Its a new high for the year and eclipses the pre-Scottish referendum rout that saw it reach 1.45 against the USD. The FTSE opens in a few hours and The City looks set to join the celebrations as their preferred employees stays in power.