Forex
The pound value plummeted on Friday, after Brexit results showing the country’s decision to leave the European Union sent investors flooding into safe-haven assets. The pound to yen exchange rate plunged 11% to 139.90 yen. The Forex market was roiling after U.K. citizens voted on the EU referendum.…
More Downside for the British Pound? The British pound continues to succumb to pressure from the prospect of Britain leaving the European Union. This potential “Brexit” is not just a possibility, it’s a probability and the GBP to USD exchange rate reflects this. The currency has virtually plummeted…