Tag Archives: BOE

GBP/JPY sellers poke 163.00 on UK political turmoil, weak yields ahead of BOE’s Bailey

GBP/JPY extended the return at the beginning of the week amid risk aversion. UK political leaders have stepped up for the Presidential seat after the departure of Boris Johnson. Treasury yields remain pressured, illustrating fears of a recession as inflation expectations rise. The second round of BOE Governor Bailey, risk catalysts will be important to… Read More »