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Pound starts to discount Bremain while markets put yen question to BoJ, Abe
The British pound has been putting in a strong performance over the past few trading sessions, as it has pushed to a 3-week high versus the US dollar (above 1.4730) while pressuring euro / pound to a near 4-month low of 0.7564. This was the lowest point since before the date of the referendum on EU membership was decided earlier this year, on 20 February. It is obvious that the main factor pushing sterling higher is the publication of polls that are showing increased support for the UK to remain a member of the EU. The polls have certainly been leaning this way and they now show a commanding lead for the ‘remain’ ... (full story)