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The new players keeping the FX markets open for business

Early on the morning of Friday, June 24, something fairly extraordinary happened in the foreign exchange market. Or, to be precise, something fairly extraordinary didn't happen.

Sturdy growth: FX markets remained resilient after the Leave vote
Sturdy growth: FX markets remained resilient after the Leave vote Photo: iStockphoto / FN montage

Early on the morning of Friday, June 24, something fairly extraordinary happened in the foreign exchange market. Or, to be precise, something fairly extraordinary didn't happen.

On a day when the UK's historic vote to leave the European Union had sent the value of sterling plummeting to its lowest level in decades, with widespread predictions of chaos in financial markets, forex markets remained resilient.

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