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The U.K. currency traded as high as $1.4674 intraday.

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Oil futures started the week higher Monday as global stock markets soared on growing expectations that the U.K. was more likely to remain in the European Union.

The pound moved sharply higher Monday after the latest U.K. polls indicated the “remain” campaign has gained support ahead of a Thursday referendum that could determine Britain’s membership in the European Union.  The U.K. currency traded as high as $1.4674 intraday.