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GBPUSD Soars as BoE Hints at Rate Pause; Yen Strengthens on Japan Intervention Threats

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The Story

News Summary

  • Japanese officials signal readiness to intervene to stabilize the yen which strengthened after BOJ rate hike; GBPUSD gains after BoE hints at fewer rate cuts; dollar weakens broadly amid Fed easing concerns.
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GBPUSD price history

1.35 +0.75% over the displayed period

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