Scottish referendum “woke up” the foreign exchange markets. British growth alternated with dips, and the Japanese yen fell to a mark of 109 against the dollar, its lowest level since September 2008.
The report Zero Hedge says that in addition to the “dismay” of currency caused by the referendum in Scotland, the Japanese government downgraded its economic forecast for the first time in 5 months.
First results of the vote in Scotland have been disappointing for the “supporters” of independence, and the British began to rise against other major currencies, especially the dollar, the yen and the euro.
Today, however, the dollar has shown incredible performance against the yen.
On this chart shows daily dynamics of the dollar against the yen
And, since the pound is rising against all major currencies, this graph shows the tremendous growth of the pound against the yen.
