Carnage came to world markets on Friday as early voting returns suggested Britain was on the brink of leaving the European Union, threatening the existent of the entire bloc and its single currency.
At one stage the British pound had collapsed no less than 10 U.S. cents, its biggest fall in living memory, while the euro slid 1 percent as investors feared for its future.
Sterling was last at $1.4450, having carved out a massive range of $1.4000 to $1.5022. At it worse, the fall was even larger than during the global financial crisis and the currency was moving one or two cents in the blink of an eye.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
At one stage the British pound had collapsed no less than 10 U.S. cents, its biggest fall in living memory, while the euro slid 1 percent as investors feared for its future.
Sterling was last at $1.4450, having carved out a massive range of $1.4000 to $1.5022. At it worse, the fall was even larger than during the global financial crisis and the currency was moving one or two cents in the blink of an eye.
No comments:
Post a Comment