Pound Sterling faces pressure as US Dollar strengthens ahead of Nonfarm Payrolls report fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
GBP/JPY trades a tenth of a percent lower on Friday, at just above 191.000, as converging UK-Japan interest rate expectations reduce the advantage for investors of holding the Pound Sterling (GBP) over the Japanese Yen (JPY), weighing on the exchange rate.
EU mid-market update: Session sees EU employment, growth and inflation data; Central bankers still resist rate cut talks; Oil prices higher ahead of OPEC+.