Tuesday, September 9, 2014

Forex Market Update : Epic Research Singapore

The British pound took a fresh dive on Monday, sliding to levels not seen in 10 months, after a weekend poll showed voters favoring Scottish independence pushing ahead of those against.

The pound GBPUSD, -0.19%  was down 1.3% in recent trading to $1.6110, a level not seen since November 2013. In late North American trade on Friday, the pound traded at $1.6328.

the dollar USDJPY, +0.20% rose to ¥106.01 compared with ¥105.09 late Friday in New York. The euro EURUSD, -0.16%  was down to $1.2901 from $1.2949 late Friday in New York.

The ICE dollar index DXY, +0.20% which tracks the greenback against a basket of major currencies, advanced to 84.278, up from 83.753 on Friday. 

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