Here is what you need to know. The British pound is below 1.40 for the first time in seven years. The British pound has dropped below 1.40 for the first time since 2007. While many reasons have been given as to why the pound has slumped nearly 5% since early-January, many believe its due to the uncertainty related to the upcoming Brexit referendum in June. Currently, the pound is weaker by 1% at 1.3882. The Bank of Japan’s stimulus could get even bigger. Speaking in front of Japan’s parliament, Bank of Japan Governor Haruhiko Kuroda told lawmakers it’s possible the BOJ’s
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