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Battered sterling gets a reprieve, yen's rally pauses

Published Tue, Jun 28, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    London

    HIGHER-YIELDING, riskier currencies such as the Australian dollar rose along with sterling on Tuesday as investors took a breather from a brutal sell-off sparked by Britain's vote to leave the European Union.

    Safe-haven currencies such as the yen and the Swiss franc, which had gained sharply since last Thursday's vote, were weaker, although risk sentiment was fragile.

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