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TDUX
Apr 30 - 11:55 AM

GBP/USD - Rises To Three-Day High Amid Yen Intervention Focus

By Robert Howard  —  Apr 30 - 10:25 AM

• Cable has traded a 54 pip range since the BoE's 1100 GMT rate hold; 1.3500-1.3554

• 1.3554 is the highest level since Monday (1.3575 was the high that day)

• GBP/USD reclaimed a 1.35 handle during the London morning, as yen soared vs dollar

• Japan has intervened in FX market, Nikkei reports citing government source

• 155.50 was EBS low for USD/JPY at 1146 GMT vs 160.72 high at 0615 GMT

• U.S. commanders to brief Trump on military options against Iran, U.S. official says

GBPUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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