Forex Analysis

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GBP/USD: Sterling stabilizes as the USD takes a breather

The GBP/USD is trading around 1.3470, down on the day but above the lows of 1.3455 seen earlier. The US Dollar is paring some of its gains that come amid high US yields.


USD/JPY fades 111.00 handle in tandem with US yields

USD/JPY rose throughout Asia and the first part of New York then about an hour before the American session the pair established a high of the day at around 110.10 before sliding about 40 pips in the 110.70 region. 


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