Sterling makes minor recovery as stocks rise, Brexit fears check gains

April 18, 2016 2:44 PM

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LONDON, April 18 Sterling staged a minor recovery on Monday as world stock markets rose and on increased demand for higher-yielding currencies, including the pound, although uncertainty over the prospect of Britain exiting the European Union checked gains.

Traders said a rally in stock markets helped a sterling rebound against the safe-haven yen and the lower-yielding euro.

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