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Yen markets likely to witness wild swings in the day ahead

  • EU referendum frenzy: Latest update - Newcastle which was expected to be a stronghold for the “Remain” camp shows a very narrow lead in favor of the “Remain”.
     
  • BREXIT vote - Implied probability of leave vote in EU referendum at 94 percent - Betfair Odds.
     
  • As Leave takes back the lead, fresh selling wave triggered across the financial markets.
     
  • Risk-off and illiquid markets fleeing to safe havens. Gold back to highs, Asian markets are trading in red, GBP crosses battered.

Major currency updates as of 0325 GMT:

USD/JPY: Day's High-106.81 ; Low-98.82 ; current - 101.58 - down 7.48%

EUR/JPY: Day's High-121.99 ; Low-109.28 ; current - 112.40 - down 6.90%

GBP/JPY: Day's High-160.11 ; Low-135.06 ; current -139.35 - down 11.57%

AUD/JPY: Day's ​High-81.58 ; Low-72.44 ; current - 75.12 - down 7.02%

NZD/JPY: Day's High-77.69 ; Low-69.23 ; current - 71.64 - down 7.00%

  • Market Data
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