Brexit angst leaves almost no currency untouched with days to go


"The dollar could rise above 112 yen if the Fed raise rates next month.

EDINBURGH: Brexit stresses are seeping into virtually every corner of the global foreign-exchange market.

Of 16 major currencies tracked by Bloomberg, all but three have seen a jump in the cost to hedge against big declines as Britain's referendum on whether to stay in the European Union approaches. The pound posted the biggest increase, closely followed by its continental neighbors amid speculation a vote on Thursday to leave would encourage other countries to reconsider their own membership.

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