GBP/JPY falls to near 189.50 following disappointing UK Retail Sales data
GBP/JPY weakened as the UK Retail Sales reported an unexpected 0.3% MoM decline in December. The Pound Sterling faced challenges as UK GDP fell short of the anticipated growth in November. Japan’s Kato voiced his expectation that the BoJ will manage monetary policy effectively to achieve the 2% inflation target. GBP/JPY extends its losses for the … Read more