FX Markets In Turmoil On Scottish Vote & Japan Economic Downgrade

Cable (GBPUSD) is surging as the first results from the Scottish Referendum hit and a resounding “No” to independence appears confirmed. Almost back to pre-Scottish-Vote-fears level (1.66), cable is up 250 pips in the last 24 hours (its biggest move in over a year). GBP is also strengthening notably…

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FX Markets In Turmoil On Scottish Vote & Japan Economic Downgrade