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From the blog: Following the UK referendum to leave the EU earlier this month, most major currencies have risen against sterling.

Indeed, at the close of business on June 27, the S&P 500 index was down some 5 per cent in dollar terms from the previous Thursday, but up more than 6 per cent in GBP terms.

Pension funds should not rejoice too quickly, though.

Charles Goodman | June 30, 2016

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Don't halloo till you're out of the wood

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Don't halloo till you're out of the wood

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