trims Archives – Wealth Hub

November 5, 2024

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GBP/JPY trims a part of heavy intraday losses led by yen intervention news, BoE in focus

GBP/USD comes under intense selling pressure on news of Japan’s intervention in the FX market. A solid intraday recovery in the British pound offers some support and helps limit the downside. The market focus remains glued to the crucial BoE monetary policy decision due on Thursday. The GBP/JPY cross witnessed a dramatic intraday turnaround on… […]

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