Day: April 5, 2024

GBP/JPY Declines as UK-Japan Rate Outlook Converges

GBP/JPY is trading slightly lower on Friday near 191.00, as shifting interest rate expectations in the UK and Japan diminish the appeal of holding Pound Sterling (GBP) assets relative to the Japanese Yen (JPY). UK: Easing Inflation, Rate Cut Expectations Easing inflation expectations in the UK have fueled speculation that the Bank of England (BoE) […]

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