USD Firms Modestly Ahead of PPI, JPY Outperforms – Scotiabank

GBP/JPY Rally Falters Near 200.00 - Action Forex

GBP/JPY stalls weekly rally near 200 level on Bessent’s BoJ criticism. Long-term range intact; more sellers waiting below 20-day SMA. GBP/JPY turned red after seven consecutive green days as the yen recouped some ground following comments from the US Treasury Secretary Steve Bessent, who criticized the Bank of Japan’s stance on inflation, calling for higher […] The post GBP/JPY Rally Falters Near 200.00 appeared first on Action Forex.

USD firms modestly ahead of PPI, JPY outperforms – Scotiabank

The US Dollar (USD) has firmed modestly against most major currencies in overnight trade, with the Japanese Yen (JPY) and Pound Sterling (GBP) bucking the trend. The JPY is outperforming in the wake of comments from US Treasury Sec.