USDJPY loses 1.7% as US tariffs stress investors. Short-term outlook becomes gloomier. More losses expected below 146.50. USDJPY slumped to 147.79, experiencing its worst daily drop (-1.7%) since the summer of 2024, as Trump’s reciprocal tariffs turned out stricter than expected in some regions, including China. This development has heightened investor concerns over the implications […]
The British pound is drifting on Monday. GBP/USD is trading at 1.2768 early in the North American session, up 0.08% on the day. Wage growth expected to slide The UK releases the employment report for the three months to June and we could see signs of a cooling labour market. Annualized average earnings including bonuses, […]
The post British Pound Calm ahead of UK Jobs Report appeared first on Action Forex.
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