The GBP/JPY pair trades higher to near 214.60 during the European trading session on Monday. The pair gains as the Japanese Yen (JPY) underperforms its peers amid uncertainty surrounding the Bank of Japan’s (BoJ) interest rate decision, which will be announced on April 28.
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Senior Iranian Source: Continuation of the US blockade on the Strait of Hormuz undermines Iran-US peace talks.| FJ
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Source: Investing.com News
Source: Investing.com Commodities
ING’s Chris Turner notes the US Dollar (USD) briefly weakened after news that the Strait of Hormuz was fully open, implying US Dollar Index (DXY) around 97.50/98.00 and EUR/USD just over 1.18 if the crisis were resolved.
Source: Investing.com News
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