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Sterling fell out of favour with investors on Thursday after U.K Prime Minister Boris Johnson called for a general election on December 12 to break the Brexit deadlock.The British Pound tumbled close to 1% against the Dollar to $1.2790, its lowest level since October 17, before later rebounding back towards $1.2850 as of writing. By Law, Johnson will need the backing of two-thirds of parliament to hold an early election. Given how his calls for a general election have already been rejected twice, history could repeat itself for the third time.This development will most likely compound... Read More
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