The Pound has been from pillar to post Yen-wise either side of..
The Pound has been from pillar to post Yen-wise either side of 149.00 following soft UK CPI metrics and then the upside PMI surprises, though on an even keel with the single currency as the vaccine export impasses rumbles on. The Yen is feeling the adverse effects of the latest downturn in USTs, and again rather unfortunately as it is largely left in limbo waiting for JGBs to respond.
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