Flat Day For Pound As EU Vote Looms Large

Sterling remains at its highest level since the start of the year despite polls suggesting a boost for the Remain campaign in the EU referendum. Last week, sterling was changing hands closer to $1.41, after polls appeared to indicate the Leave campaign was taking the lead. But that changed as campaigning was suspended following the killing of Labour MP Jo Cox - with Monday's recovery in the pound's value in the dollar being explained by polls suggesting Remain in front.