Sterling rebounds from 2-year lows
The pound Sterling has rebounded from the near 2-year lows we witnessed at the start of the month, gaining nearly four cents as the build up to the referendum continues to sway the currency markets.
This could present a great opportunity for anyone looking to buy euros – we’d recommend getting in touch with your dealer to discuss your specific requirements ahead of the referendum.
US President Barack Obama is expected to weigh in on the EU debate with his view during his current visit to the UK.
The vote to remain/leave is on 23 June and remains a key risk event which has resulted in the pound depreciating against most other currencies.
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* Information courtesy of Currencies Direct
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