
Pound Slides to Two-Week Low as Yen Gains Strength
The British Pound fell nearly 1% against the Japanese Yen, hitting a two-week low as official comments from the U.S. and Japan fueled Yen strength.
#GBP/JPY#Forex#Japanese Yen
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The British Pound fell nearly 1% against the Japanese Yen, hitting a two-week low as official comments from the U.S. and Japan fueled Yen strength.

The GBP/JPY currency pair stabilized around the 203.00 level on Monday, halting a recent decline as traders await key UK labor data due this week.

The British Pound hit a new yearly high against the Japanese Yen, trading near 204.50, as fading Bank of Japan rate hike bets weaken the Yen. Investors await BoE Chief Economist Huw Pill's speech for

The GBP/JPY currency pair stabilized near 198.00, but the outlook remains negative as a stronger Yen, boosted by safe-haven demand, contrasts with a weaker Pound.