Day: April 29, 2024

GBP/JPY Crashes from 34-Year High on Suspected BoJ Intervention

The British Pound (GBP) plunged against the Japanese Yen (JPY) on Monday, wiping out most of its daily gains after reaching a 34-year high of 200.60. The GBP/JPY pair plummeted nearly 700 pips before settling around 196.00, a 3.5% decline from its peak. Possible Bank of Japan Intervention Blamed for JPY Rebound Market speculation suggests […]

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