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GBPUSD Soars to 12-Week High as Yen Strengthens on Japan Intervention Threats Amid Dollar Softness

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • The Japanese yen strengthened on intervention threats amid a soft U.S.
  • dollar ahead of U.S.
  • GDP data, while GBPUSD rose to a 12-week high due to dollar weakness.
  • Yen weakness is expected to persist long term despite near-term gains.
  • USDCAD was not impacted.
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GBPUSD price history

1.35 +1.50% over the displayed period

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