United Kingdom DCLG House Price Index (YoY) down to 3.5% in April from previous 6.4%

Jun 18, 2025

GBP/JPY softens to near 195.00 ahead of BoE rate decision

The GBP/JPY cross trades in negative territory near 195.05 during the early European trading hours on Wednesday. The cautious mood in the market provides some support to the Japanese Yen (JPY), a safe-haven currency.

USD/CAD holds gains ahead of the Fed, with downside attempts limited at 1.3650

The USD/CAD is trimming some gains on Wednesday, with investors reducing USD long positions ahead of the Federal Reserve’s monetary policy meeting, due later today.