EUR to quickly follow GBP lower on Brexit: While market focus has been on the extent to which Sterling would be expected to fall in the immediate aftermath of a vote for ‘Brexit’ and likely safe-haven flows into the likes of JPY, USD and CHF, there has in recent days been a greater recognition that all things EUR would quickly be a major causality in the fall-out from a Brexit vote. This would be on the view that a UK split from the EU will see a clamour for similar plebiscites in other EU countries, and potentially much broader fragmentation of the EU (including heightened risk of eventual break-up of the single ... (full story)