17.06.2016 - Currency Traders Flee Euro, Pound as Brexit Fear Fuels Haven Bid
Currency traders in the $5.3-trillion-a-day market abandoned the euro and pound and piled into the dollar and yen, seeking safety before the U.K. votes on whether to leave the European Union. The 19-nation euro dropped 2.8 percent against the yen, its worst day since 2010, as investors looked for refuge before the British referendum on June 23. The flight to haven currencies, including the yen, dollar and Swiss franc, follows decisions by the Bank of Japan to refrain from adding any stimulus and the Federal Reserve leaving interest rates unchanged Wednesday...............................................Full Article: Source
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