FXPA Statement on ‘Brexit’

The Foreign Exchange Professionals Association (FXPA) commends the industry for its preparations ahead of Britain’s referendum on whether to Leave or Remain in the European Union, which resulted in the relatively smooth functioning of currency markets in the initial hours and days after the polls closed.
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Brexit Uncertainty Can be Contained

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Brexit Uncertainty Can be Contained: BIS – Profit & Loss

Despite an initial period of “uncertainty and adjustment” that is to be expected following the victory of the Brexit camp at the UK referendum last week, “with good cooperation at the global level, I am confident that uncertainty can be contained and that adjustments will proceed as smoothly as possible”, the general manager of the Bank for International Settlements (BIS), Jaime Caruana said yesterday.
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Brexit: David Cameron to quit after UK votes to leave EU – BBC

Prime Minister David Cameron is to step down by October after the UK voted to leave the European Union.

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