The “volatility index” which is a measure of investors’ uncertainty has reached levels that were previously seen in the 2008 financial calamity.
Investors are startled by data that displays the odds of a Remain vote have fallen, while markets have likewise been distressed by global economic reservations.
However, the Leave campaign contends that the pound has just withdrawn to levels that were last seen in March.
Investors are choosing to put their money into the dollar instead, with the pound falling to a eight-week low against the dollar.