GBP/JPY falls over 0.45% on hot US CPI
GBP/JPY dropped more than 0.45% to trade near 208.89 after hotter-than-expected US inflation data sent US equities lower and increased expectations that major central banks will tighten policy.
Original · FXStreet AI summary of public reporting
Why: Hot US CPI fuels tighter policy bets → pressures GBP
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Prices since publication
At publication → CurrentGBP1.319 → 1.322+0.2%
JPY158.26 → 157.97−0.2%