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EUR/GBP hits 2-year lows and rebounds

FXStreet (Córdoba) - The euro fell to the lowest level since August 2012 against the pound during the European session. EUR/GBP was hovering around 0.7900 but cable gained momentum as polls favored a “no” vote in the Scottish independence referendum and pushed the pair to 0.7851.

During the last hours managed to move off session lows and currently trades at 0.7890, 15 pips below yesterday’s closing price as traders await the official results.

EUR/GBP after referendum

The European Rates and FX Research from TD Securities expected the EUR/GBP to fall toward 0.7775 - 0.7750 if the “no” wins. On the other scenario, a yes vote, could send the pair to 0.8050 - 0.8100 according to them.

GBP/USD losing grip of 1.64 handle

GBP/USD is trading at 1.6366, up 0.56% on the day, having posted a daily high at 1.6411 and low at 1.6247.
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Something for both bears and bulls from Fed - Rabobank

Jane Foley, Senior Currency Strategist at Rabobank suggested that there was something for both doves and hawks in yesterday’s policy statement from the Fed.
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