EUR/JPY: huge moves to the downside on Leave winning, so far

EUR/JPY has seen a massive move to the downside during the EU referendum results.

EUR/JPY dropped from 121.76 the highs to 116.42 the low so far while it currently oscillates at 118.52 spot at time of writing. 

While there have been a higher percentage of remains being voted, the largest percentage of numbers actually favour Leave at 53.7% vs 46.3%. However the turnout so far has been high at 73%, supported of the remain camp with the majority a younger generation of pro EU supporters. The largest result for the leavers was Sunderland. 

The First Results are In – Sunderland Leaves Strongly - TDS

London results coming up shortly.