Yesterday saw Sterling take a tumble once again as Gordon Brown's leadership was put into question when two ex-cabinet ministers Patricia Hewitt and Geoff Hoon called for a secret ballot regarding party leadership only months before a General Election has to be held.
With two such high profile members of the Labour Party coming out in public like this it is a clear sign that the party is clearly divided.
Political stability (or lack of) is one of the 4 factors of the currency compass, the 4 driving factors behind exchange rate movements and direction.
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