European Session – Pound extends gains to $1.47, euro touches 2-month low, oil hits 7-month high
Posted on May 25, 2016 at 3:05 pm GMTThe pound extended gains versus the dollar again today to reach the $1.47 handle. The main catalyst behind sterling strength is the latest Brexit poll by Survation which showed 44% of respondents would vote to stay in the EU compared with 38% who would seek to leave. Recent polls have been indicating a rise of those in favour in remaining in the bloc and this diminished concern of a Brexit vote at the June 23 referendum and this has been [..]