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Posted by
Two Blokes 7 hours ago -
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Forex
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The Pound is keeps marching higher for the second consecutive day as the Japanese Yen struggles, hammered by a mix of lack of progress in the trade talks with the US, rising political uncertainty, and easing inflationary trends, which muddle the BoJ's monetary policy outlook . The broad-based Yen weakness and the positive risk sentiment seen on Friday us contributing to extend the British Pound's rally, which has reached levels right above the June 9 high, at 199.83, although it has not confirmed above it yet.
