13-06-2016 08:48 via news.yahoo.com

Pound at two-month low on British EU exit fears

The pound dropped to a two-month low and the yen rallied as jittery investors shifted into safer assets on worries about Britain's possible exit from the European Union. The flight to lower-yielding investments came as Asian stock markets plunged, with dealers awaiting meetings this week of the US and Japanese central banks. Few expect any move on interest rates from the Federal Reserve, but observers are divided over the chances that the Bank of Japan will announce more stimulus after its polic
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