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Sterling rebounds on UK fiscal policy U-turn; yen struggles

Por: CNBC Business October 17, 2022

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In this photo illustration, British GDP £1 coins and bank notes are pictured in Bath, England.Matt Cardy Getty Images News Getty ImagesSterling edged higher on Monday following British Prime Minister Liz Truss's partial reversal of her government's economic plan, while the yen was pinned near a 32-year low as markets awaited signs of intervention from Japanese authorities.The gained 0.6% to $1.1245 in early Asia trade, after Truss... + full article



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