Brexit could spur action from the Swiss National Bank

The euro could suffer in the event of Brexit and spark action from the SNB, says Swissquote's head of market strategy

europe
Knock-on effect: Britain leaving the eurozone may have a bigger impact on the euro than sterling

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The euro could suffer more than sterling in the aftermath of Britain voting to leave the European Union, as the pound may benefit from the negotiation period that would occur between the UK and the EU, says Peter Rosenstreich, head of market strategy at Swissquote Bank, which came top of last week's one-month forecast tables.

"In case of Brexit, the effects on sterling probably won't be as great as what might happen in the euro, and I think that is going to be the big

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