U.S. Dollar Hits 6-Year High Against Yen

The video discusses the current state of the currency markets, focusing on Scotland's independence poll results, which show a last-minute boost for the 'no' campaign. Polling stations closed at 10:00 PM local time, with results expected by 1:00 PM Hong Kong and Singapore time. In the Forex market, the US dollar hits a six-year high against the Japanese yen following the Fed's raised forecast for the funds rate to 1.375% by the end of next year.

What recent event is causing fluctuations in the currency markets?

• A natural disaster

• Scotland's independence vote

• A new trade agreement

• A change in government

According to the latest poll, what percentage of respondents are against Scotland becoming independent?

• 50%

• 54%

• 46%

• 60%

At what time did polling stations close for the Scottish independence vote?

• 11:00 PM local time

• 10:00 PM local time

• 9:00 PM local time

• 8:00 PM local time

When are the complete results of the Scottish vote expected to be announced?

• 10:00 AM

• 12:00 PM

• 1:00 PM

• 3:00 PM

What recent action by the Federal Reserve has impacted the Japanese yen?

• Lowering interest rates

• Increasing trade tariffs

• Raising the median estimate for the Fed funds rate

• Introducing a new currency