Pound Jumps Most This Year as Polls Shows Brexit Risks Receding
- Latest survey gives ‘remain’ camp 18 percentage-point lead
- Sterling shrugs off losses spurred by weak U.K. jobs data
This article is for subscribers only.
The pound jumped amid evidence the campaign to keep Britain inside the European Union is extending its lead.
Sterling climbed the most this year versus the euro, touching a more than two-month high, and rallied against the dollar as an opinion poll by the Evening Standard newspaper and Ipsos Mori put the “Remain” camp’s lead at 18 percentage points. That’s after an ORB/Telegraph survey earlier this week showed 55 percent of respondents in favor of staying in the EU versus 40 percent wanting to leave.