Global financial markets experienced their worst day since the global financial crisis as Britain voted to leave the European Union, sending the British pound to the lowest level since 1985 and threatening a global recession.
Every Group of 10 currency fell against the yen, led by the pound which recorded its biggest drop on record during the Asian trading session. Sterling was fetching $US1.36 on Friday after the decision for Brexit was declared. The yen rallied on safe-h…
Read the full article at: http://www.afr.com/markets/brexit-vote-sinks-global-markets-as-traders-wrongly-call-historic-event-20160624-gpr0yy