Home Trading Pound Hits 37-Year Low as Yen Also Suffers!

Pound Hits 37-Year Low as Yen Also Suffers!

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The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling yesterday.

Europe and the UK look like they are headed for a challenging couple of months, with recession very likely for both economies.

Investors responded to the UK’s darkening economic landscape with a new prime minister.

With inflation hitting over 10% in July, will we see more fresh lows on the pound?

Timestamps
GBPUSD 01:35
USDJPY 03:10

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