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Looming Brexit outcome weighs heavily on the markets today.
The U.S. dollar weakened Wednesday as other riskier assets and currencies that had been hurt by anxieties surrounding a possible “Brexit” rallied a day before the long-anticipated vote to determine the next step in the United Kingdom and European Union relationship. Recent polls showing that the “remain” vote has gained support pushed demand for riskier assets, like stocks, and currencies, including the pound and euro, all of which had been hurt by Brexit fears.
Crude-oil prices moved higher early on Thursday as voters went to the polls to determine whether the U.K. remains a member of the Euro.