EUR/USD volatile on reports of EUR 50 billion QE per month

The EUR/USD saw a sudden decline now on reports that the European Central Bank would propose EUR 50 billion QE per month tomorrow.
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GBP/USD might drop to 1.48 levels by 2015-end – HSBC

According to HSBC Bank, much of the ongoing bearish sentiments have already been priced in by GBP, further forecasting GBP/USD to finish 2015 at 1.48 levels.
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