Well the market has had time to read the papers “Hung parliament could tilt Britain into Greek-style turmoil – Daily Mirror, Warning for Britain as Financial Chaos Spreads to Spain-Telegraph, Debt crisis: UK banks sitting on GBP 100bn exposure to Greece, Spain and Portugal- The Guardian etc etc but there is not a lot going on except in EUR/GBP.
EUR/GBP after racing to 0.8734 in late Asia is now 50 pips lower at 0.8683 and just above its NY close of 0.8780.
