GBP/JPY finds thin lift in early week trading as BoE rate call looms fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
The British Pound heads into a new trading week under pressure against the United States Dollar as once-reliable monetary-policy support continues to ebb.
On Thursday, major European stock markets confirmed expectations and opened in positive territory as a slew of results are released in Milan and as much macro data in Europe. Thus, the FTSE Mib opens.
The GBP/JPY backslid on Friday, slipping back from the week’s peak bids near 186.17 as the Pound Sterling (GBP) broadly softens and markets bid up the Japanese Yen (JPY).