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The Japanese yen gained against the US dollar as traders reacted to mixed economic data from the country. According to Markit, Japan’s manufacturing PMI rose to 40.1 in June from the previous 37.8. This number implied that manufacturers made some gains in June as the country started to reopen. Anoth

Cable looks weak and could slip back to the 1.2270 zone in the next weeks, in opinion of FX Strategists at UOB Group. Key Quotes 24-hour view: “While our view for GBP to weaken last Friday was correct, our expectation for GBP to ‘edge lower towards 1.2370’ was not. GBP cracked 1.2370 and plunged to