Forex Market Update : Epic Research Singapore

The euro recovered from a two-year low against the pound Thursday as investors entered bullish positions in sterling ahead of the results for the closely watched Scottish independence vote.

The euro EURGBP, -0.58%  traded at 0.7884 pound Thursday, compared with £0.7896 late Wednesday.

The pound GBPUSD, +0.65%  pushed higher against the dollar Thursday, recovering from the prior session’s losses. It traded at $1.6400, compared with $1.6260 late Wednesday.

The dollar USDJPY, +0.50%  rose to ¥108.62, versus ¥108.37 in late North American trading Thursday, after earlier tapping ¥108.87, a fresh six-year high against the Japanese currency.


The ICE Dollar Index, BUXX, +0.10% a measure of the dollar against six rival currencies, was at 84.2870, compared with 84.3450 late Thursday.

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