GBP/JPY recovers strongly to near 189.50 as investors digest BoE’s dovish policy outlook.
Sterling was up slightly against the dollar and U.K. economic data should prove key to the British currency’s outlook after the BOE’s 25bp rate cut.
The US Dollar (USD) is narrowly mixed for the most part against the major currencies, Scotiabank's Chief FX Strategist Shaun Osborne notes.
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