(Bloomberg) -- The Swiss franc declined along with the yen, while the Australian and New Zealand dollars maintained recent gains following the close of polls in the U.K. as investors speculated that British voters had opted to remain in the European Union.
The franc dropped as much as 0.8 percent while the British pound rallied above $1.50 for the first time since December as opinion surveys released after the end of voting reinforced views that the U.K. would probably reject secession from the 28-nation bloc. A YouGov Plc poll for Sky News showed 52 percent voted to remain and 48 percent chose to leave.
*The franc slid 0.6 percent to 96.41 centimes per dollar as of 7:48 a.m. in Sydney*It fell 0.8 percent against Europe’s common currency to 1.0998 per euro*The yen fell 0.4 percent to 106.53 per dollar*The pound rose 0.8 percent to $1.4999, after reaching as much as $1.5002*The Australian dollar was up 0.3 percent at 76.32 U.S. cents after earlier rising as much as 0.5 percent to 76.48 cents*The New Zealand dollar was up 0.2 percent at 72.61 cents, after swinging between a loss of 0.4 percent and a gain of 0.7 percent
“Looking at the moves in safe haven currencies and the pound, it appears the market so far is taking a cautious view that the vote will be to stay in the EU,” said Imre Speizer, a market strategist at Westpac Banking Corp. in Auckland.
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