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Actionable news in XIV: VELOCITYSHARES DAILY INVERSE VIX SHORT TERM ETN,

Sterling rallies as Brexit worries ebb, yen weakens

Sterling rallied on Monday after opinion polls swung in favour of the campaign for Britain to stay in the European Union, boosting risk sentiment and sending the safe-haven yen tumbling.

The implied probability of a "Remain" vote in Thursday's referendum rose to 72 percent after falling as low as 60 percent last Thursday, according to odds from gambling website Betfair.

Sterling rose 1.89 percent to $1.4628. It earlier reached its highest in three weeks, as it extended a recovery from Thursday's more than two-month trough of $1.4013.

The pound jumped 2.18 percent to 152.84 yen, pulling away from a three-year trough around 145.34 also set on Thursday. The euro fell 1.24 percent to 77.54 pence.

Investors reacted after three of...


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