Japan’s Kato: Agreed with Bessent that exchange rate should be set by the market

Japanese Finance Minister Katsunobu Kato said on Thursday that he “agreed with US Treasury Secretary Scott Bessent that exchange rate should be set by the market.”

May 29, 2025

GBP/JPY Price Forecast: Sticks to strong intraday gains below 196.00 amid notable JPY weakness

The GBP/JPY cross prolonged its weekly uptrend for the fourth straight day on Thursday and climbed to the 196.30 area during the Asian session, back closer to a multi-month peak touched earlier this May.

GBP/USD drifts lower below 1.3450 ahead of US GDP release

The GBP/USD pair trades in negative territory around 1.3435 during the early European session on Thursday. The Greenback strengthens against the Pound Sterling (GBP) after the US trade court blocks US President Donald Trump's sweeping tariffs.