Private DCN Private DCN - Sterling

Sterling focused on EU Referendum

By Ricky Bean June 20th, 2016

A positive end to the week saw sterling unwind some of the losses suffered earlier in the week as investors looked to cash in on the significant downward movement we have seen in the run-up to the EU referendum.

With no significant economic data set to be released from the UK this week, the focus for investors will be entirely on news relating to Thursday’s long-awaited referendum on EU membership. Public sentiment appears evenly split as we head into the week, and we can be certain that markets will react strongly to any information which may point towards a result.

If you are looking to buy or sell sterling, we suggest contacting your trader now for live rates, news and currency-purchasing strategies.