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A long day is not done yet, more volatility ahead- FXStreet

FXStreet (Barcelona) - Valeria Bednarik, chief analyst at FXStreet explained that a long day is not yet over.

Key Quotes:

“With Scottish referendum outcome still pending, with the final result expected early Friday”.

“At the end, it was not a good day for safe havens, with dollar mildly down across the board and yen being probably the weakest, as per US rising yields and stocks, with DJIA at fresh record highs”.

“In Europe, there were no news to affect the market besides SNB rate decision, while in the US, data resulted weaker than expected, with housing starts and Philadelphia manufacturing index missing expectations and helping the dollar on its way back”.

USD/CAD middle of range but heavy

USD/CAD is trading at 1.0947, down -0.45% on the day, having posted a daily high at 1.1025 and low at 1.0927.
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GBP/JPY climbs above 178.00, highest since Oct 2008

Cable is rising strongly against the yen for the second day in a row. GBP/JPY has risen more than 400 pips during the last two days. Hours ago broke above 178.00 and climbed to 178.34, reaching the strongest level in almost six years.
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