Sterling holds after 2-year low against euro

British pound stabilized today against euro after hitting 2-year low on news about early elections in the UK.

The Financial Times stated that Britain's PM, Boris Johnson, will call an early general election days after the UK exit the EU on October 31st, in case his government loses the house of commons' confidence.

Which came amid British circles' speculations that Johnson's government will seek a no-deal Brexit.

After his victory, Johnson said the Brexit will go on as scheduled in October, whether by an agreement or not.

As of 19:10 GMT, GBP/EUR stabilized at 1.0846, with a high of 1.086 and a low of 1.0793, after hitting 1.0794, which is the lowest level since August 2017.