I wonder if labour proped up by the SNP get it is it going to be very bad news for the pound , dont believe that they will not get into bed with the snp ,They will do anything ,just like Blair to be in power.

Or just like the Tories or the Lib Dems or any modern politician really.

Hmmm....Tony Blair won by a landslide in 1997 as I recall.

On your main question, I suspect the pound will fluctuate quite a bit over the next few weeks. I could take some time for any new government to 'emerge' - if the polls are correct.

The speculators always refer to 'uncertainty' being their main worry.

By the way, I don't believe the SNP would bring a minority Labour government down, in any circumstances. It would not suit them at all to do this. So, I for one , do not subscribe to this popular myth, being pedalled continuously by the Conservatives. I agree with Smokie, that whatever the outcome, some form of 'understanding' will emerge between different groups - whoever wins.

They are all 'practical' politicians, including Alex Salmond, and I doubt any of them want another election, which could happen even under a fixed term parliament.

Thursday/Friday will be fascinating, but the following days could be even more so.

As for weeks the polls have been suggesting that the most likely outcome is a hung Parliament in which the only workable coalition (whether formal or informal) will be Labour/SNP, I would have thought that the financial markets would already have factored that into the current rate - so maybe initially it won't make a great deal of difference.

I must say I was startled to see last week that the pound jumped from around 48-49 baht to over 50. This may be because of a weakness in the baht, but whatever the reason I had sufficient funds to jump in and buy enough to keep me going till late in the year, so I won't be worrying too much one way or the other.