The following post is courtesy of Simon Smith, Chief Economist at FxPro. For more FxPro market research and insights click here. [divide] By the end of today, we should have a decent idea whether the UK is set to have a referendum on EU membership this year and also the deal on the table in terms…
Read more“If the UK left the European Union, London’s dominance of foreign exchange including euro trading would gradually decline and then end as the flows moved to Asia and other European capitals,” US investor Jim Rogers, who co-founded the Quantum Fund in 1973 with George Soros, told Reuters.
Read moreThe Bank of England's head of press leaked a memo in error to a British newspaper, stating that a taskforce has been set up, led by Sir John Cunliffe, to investigate the implications of Britain leaving the EU, making the possibility of a Brexit appear more likely than ever
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