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GBP/JPY tumbles to one-month lows on Brexit concerns and risk aversion

PhoenixMan
· Views 884
  • Pound under pressure amid Brexit uncertainty falls again across the board.
  • Yen extends gains amid risk aversion as Wall Street drops sharply.

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Veron83
Recent Japan's Core Machine orders sparked out some positivity as it beat forecast by coming in at a rise of 6.3%. Meanwhile, Brexit news also seem to spark more uncertainty as the days pass by...looks like further tumble can be expected unless something firmly changes
John Kicklighter
The Pound is likely to drop much further than it already has if markets see the odds of a no-deal Brexit getting much greater than before.
Mary Grace
Worries about Brexit trade negotiations continued undermining sentiment surrounding the British pound...

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