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Posted by
Two Blokes Jun 12 -
Filed in
Forex
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3 views
The Pound accelerates its reversal against the Japanese Yen and is nearing the bottom of the last week's trading range, at 194.70 hammered by downbeat UK monthly GDP and manufacturing production figures. Higher taxes and Trump's tariff turmoil hit the UK economy in April, and the GDP shrank at a 0.3% pace, its worst monthly performance since October 2023.
