The GBP/JPY pair drops from fresh eight-year high of 189.00 in the early New York session.
Blogs
GBP/USD: More range trading is likely for now – Scotiabank
Sideways range for the GBP/USD pair in place over the past month or so remains intact, economists at Scotiabank report.
USD/CAD bounces up from 1.3450 after downbeat Canadian Retail Sales
The US Dollar nudged higher on Friday, following an unexpected decline in Canadian Retail sales.
Pound Sterling Price News and Forecast: GBP remains vulnerable on weak UK Retail Sales data
The markets were expecting a letdown from December retail sales after a strong November reading, but nobody was expecting a multi-year drop.
USD/JPY: Yen to gain ground all through 2024 – NBF
The Japanese Yen (JPY) has experienced notable swings on the back of US Dollar (USD) action and central bank commentary.
Canada Employment Insurance Beneficiaries Change (MoM) up to 1.7% in November from previous 0.7%
Canada Employment Insurance Beneficiaries Change (MoM) up to 1.7% in November from previous 0.7%
Canada Retail Sales ex Autos (MoM) came in at -0.5% below forecasts (-0.1%) in November
Canada Retail Sales ex Autos (MoM) came in at -0.5% below forecasts (-0.1%) in November
Canada Retail Sales (MoM) below forecasts (0%) in November: Actual (-0.2%)
Canada Retail Sales (MoM) below forecasts (0%) in November: Actual (-0.2%)
BoC to Hold Interest Rates Steady Again Next Week
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UK PMIs to Reveal How the British Economy Entered the New Year
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