🇯🇵 🇬🇧 Traders Buy GBPJPY For Carry Trade: The yen slumped to its weakest level in almost 16 years against the British pound. The Japanese currency slid 0.1%, touching 200.63 per pound, the weakest since August 2008. Traders have returned to betting on a stronger pound on the view that UK interest rates will stay higher than in most other G-10 countries, with the Bank of England set to lag behind other central banks in easing
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