GBP/JPY stays near long-term high as UK-Japan interest rate difference and Iran concerns weigh on JPY

Pound/Yen Cross Rises Amid Economic Factors The pound/yen exchange rate increased for a second consecutive day, approaching a weekly peak near 217.70 in early European trading on Wednesday. Current spot prices are hovering near their highest levels since January 2008, suggesting a potential for further gains, supported by favorable economic factors. Even with possible intervention […]