Thursday, 23 June 2016

Pound, euro trim gains as polls show Brexit vote too close to call

The euro and pound trimmed earlier gains against the dollar after the latest Brexit poll, released Wednesday, showed the outcome of a U.K. referendum on whether to remain a member of the European Union was too close to call a day ahead of the vote.

According to a survey by Opinium, 45% of the respondents favor a goodbye to the European Union, while 44% prefer to stay in. Both currencies weakened against the dollar after the poll was released.

The euro EURUSD, +0.4072%  traded at $1.1309 late Wednesday in New York, up from $1.1242 late Tuesday, while the pound GBPUSD, +0.4624%  traded at $1.4691 late Wednesday, up slightly from $1.4664 Tuesday.

The dollar USDJPY, +0.01%  was changing hands at ¥104.59 late Wednesday, compared with ¥104.77 late Tuesday in New York.

The WSJ Dollar Index BUXX, -0.23% a measure of the dollar against a basket of major currencies, was down 0.4% at 85.45.

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