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GBP/JPY Forecast: Pound to Japanese Yen Exchange Rate Sheds Most March Gains after Year Best

April 8, 2021 - Written by Ben Hughes Despite hitting its best levels in over a year this week, the British Pound to Japanese Yen (GBP/JPY) exchange rate has plummeted since then, shedding most of the gains seen over the past month in a matter of days. A combination of factors are helping the previously weak Japanese Yen to capitalise against this week’s broad Pound weakness. Unless there is a shift of market sentiment over the coming day, the Pound could remain jittery unless next week’s U...
United Kingdom Jerome Powell Ben Hughes Steve Plaskitt Valeria Bednarik Eco Watchers

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Market Watch: Dec. 10

It was a rough session for N.A. markets Wednesday, with the TSX off nearly 80 points as the materials and tech sector weighed on the index. In the U.S., markets retreated from record highs as negotiations stalled once again between lawmakers looking to pass another fiscal stimulus package. U.S. markets retreated Thursday morning after fresh data showed new jobless claims jumped sharply last week to 853,000 — substantially more than economists had forecast. The latest jobs data underscores th...
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