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18 Jun 2025
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Jun 18, 2025
GBP/JPY softens to near 195.00 ahead of BoE rate decision
The GBP/JPY cross trades in negative territory near 195.05 during the early European trading hours on Wednesday. The cautious mood in the market provides some support to the Japanese Yen (JPY), a safe-haven currency.
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Jun 18, 2025
USD/CAD holds gains ahead of the Fed, with downside attempts limited at 1.3650
The USD/CAD is trimming some gains on Wednesday, with investors reducing USD long positions ahead of the Federal Reserve’s monetary policy meeting, due later today.
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