FTSE and sterling slide as Brexit poll shows 'leave' camp ahead

Latest ICM telephone poll

Jayna Rana
clock • 1 min read

The FTSE 100 and sterling both closed the day in the red, after the latest ICM Brexit telephone poll showed the 'leave' campaign had edged ahead of the 'remain' vote.

The sell-off in afternoon trading caused the UK blue-chip index to break its three-month winning streak, after ICM's poll showed 45% of respondents favoured leaving the European Union but only 42% of those polled wished to remain. The benchmark index dropped to its lowest level since early February, declining by 40 points or 0.64% to 6,230.79. Following this, the pound also dropped below 1.4503 against the US dollar while the euro rose to a one week high, trading at 76.75p against the pound. Sterling has continued to slide this morning, down at $1.4453. Joshua Mahony, of IG, is quo...

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