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Sterling seesaws as Brexit fears grip investors

Discussion in 'Market News' started by Lily, Jun 13, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Pound slips against dollar and euro before regaining ground in volatility not seen since financial crash of 2008

    London’s leading stock market index has dropped for a third day and the pound touched a two-month low as Brexit fears gripped investors in the run-up to the EU referendum.

    Sterling slipped against the dollar and euro, but recovered to gain 1.3% as it reached levels of volatility not seen since the financial crash of 2008. Against the dollar the pound fell to almost $1.41 before touching $1.43 as values continued to swing.

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