Pound Soars After Johnson's Tories Win Decisive Victory
Business Insider reports the British Pound Sterling surged as much as 2.1% against the dollar on Thursday.
Official UK exit polls showed a strong Conservative majority in the 2019 UK election.
Some traders were worried that the Brexit uncertainty would continue if there was a hung parliament.
That's because a win by Labour leader Jeremy Corbyn could well have meant a second referendum.
Traders cheered the certainty of the outcome, as a Tory win would give PM Boris Johnson a clear Brexit mandate.