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Sep 09 - 05:55 AM

GBP/USD - Rises To Sept High As Matsuno Unnerves Dollar Bulls

By Rob Howard  —  Sep 09 - 03:45 AM
  • Cable climbs to 1.1635 as comments from Japan's Matsuno unnerve dollar bulls

  • Matsuno: Will closely coordinate with authorities in other countries on FX

  • See: nT9N2ZF020. Steer highlights USD/JPY intervention risk nL4N30F29T

  • 1.1635 is highest level for GBP/USD since Aug 31 (1.1693 was high that day)

  • 1.1407 was 37-year low Wednesday (USD/JPY hit 24-year high by 145 that day)

Source:
Refinitiv IFR Research/Market Commentary

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