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GBP/USD: Sterling leaps off 2018 lows ahead of UK retail sales and Carney speech

Sterling is trading up 0.2% at around 1.3370 against the US Dollar ahead of the UK retail sales that are expected to rise 0.7% m/m in April, after falling lower sharply in March. The GBP/USD fell as low as 1.3305 on Wednesday after the UK inflation decelerated above expectations confirming the dovish stance of the Bank of England.

GBP/USD News

USD/JPY: Japanese Yen rises as fears of new tariffs support risk-off sentiment

The US Dollar is trading down 0.6% at around 109.50 against the Japanese Yen as the risk-off mood hits markets with shadows of protectionism and possibly new tariffs haunting the markets.

USD/JPY News

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