Forex - EUR/USD, EUR/GBP Flows: Spain's Catalonia Region Symbolic vote: 81% back independence; EUR a tad weighed, on the "symbolic" results; EUR/USD offers at 1.2500


Published at 01:36 (GMT) 10 Nov

  

EUR/USD, EUR/GBP Flows: Spain's Catalonia Region Symbolic vote: 81% back independence; EUR a tad weighed, on the "symbolic" results; EUR/USD offers at 1.2500 (AUYC7701)

Spain;s Catalonia region symbolic vote:

Regional VP Joana Ortega says about 1.6 million or 81% voted for independence. Results with 88% of polling stations counted.

Final turnout projected at 2.25mln - BBG.

The central Government has dismissed the vote.

On FX, some focus on the above symbolic vote, bringing back comparisons to the Scotland referendum. EUR/USD at 1.2460-62, a tad weighed by the above results - though non binding. offers at 1.2500-10, bids at 1.2440-50, stops below 1.2430. Interest to sell on rallies. Eye comments from Spanish government.

EUR/GBP at 0.7845-48, offers at 0.7880-00, interest to sell on rallies, eye downside, given ongoing concerns over eurozone economy, given some focus on the above Catalonia vote. Bids at 0.7800-20, stops below on dovish ECB vs BoE. WL

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