The Bank of England left all policy levers untouched this morning but warned that UK GDP could slump in Q2 and that unemployment may jump to 9% in the same period. Sterling rose by 30 pips against
The GBP/JPY drop extended to three straight days, as it printed losses of 0.09% late in the New York session, with the pair exchanging hands near its opening price at around 187.07.
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