USD/JPY accelerated to over 135.00 but a sharp U-turn from BoJ Governor Kuroda describing recent sharp declines as “undesirable” for the economy, could stem losses
Sterling trades lower this morning despite the UK government’s announcement of energy price relief for lower income households. Fundamental challenges remain for GBP
EUR/USD continues its descent ahead of inflation data and next week’s FOMC meeting, which is set to worsen rate differential between the euro and dollar
The pound is trading higher across a number of pairs, including GBP/USD as US treasuries turned lower despite US and UK headline inflation printing higher