2 weeks GBP/JPY soars as hot US inflation weakens Yen FXStreet

The GBP/JPY rose sharply during Wednesday’s session, posting gains of over 1.22% or 230 plus pips after a hot US inflation report sent the Greenback higher and pushed the Japanese Yen (JPY) lower against most G8 FX currencies.

GBP JPY · Inflation · U.S.