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GBP to JPY Exchange Rate Slips from Best Levels in Almost a Year amid UK Recession Jitters

January 15, 2021 - Written by Tim Boyer While Britain’s outlook has improved over the past week, the British Pound to Japanese Yen (GBP/JPY) exchange rate is sliding today. Investors are hesitant to keep buying the Pound as focus on the possibility of Britain seeing a ‘double-dip recession’ rises. Meanwhile, the Japanese Yen is gaining a little on market risk-aversion, but Japan’s coronavirus and economic outlooks continue to keep pressure on the Yen overall. Since opening this week at...
United Kingdom Tim Boyer James Smith Andrew Bailey Kentaro Iwata International Money

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