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Pound Sterling Slips Against Yen As BoJ Rate Hike Bets Firm
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Pound Sterling Slips Against Yen As BoJ Rate Hike Bets Firm
BitcoinWorld Pound Sterling Slips Against Yen as BoJ Rate Hike Bets Firm The British pound edged lower against the Japanese yen on Tuesday, as growing expectations for another interest rate hike by the Bank of Japan (BoJ) underpinned demand for the yen. The GBP/JPY cross traded around 192.50, down 0.3% on the day, reflecting a broader shift in market sentiment toward the Japanese currency. Why the yen is strengthening Market participants have i…
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