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The word of the day and heading into the weekend is still Brexit, and while the likelihood of a schism between the UK and the EU has become less likely this week, foreign exchange (FX) brokers are taking no chances, altering leverages on select instruments ahead of the June 23 vote. IC Markets joins a growing list of brokers in adjusting its leverages amidst a cautionary approach to potentially heightened levels volatility next week.
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Like many other of its counterparts, ... (read more)