Japanese Yen under pressure as markets await BoJ decision and Japan CPI

The Japanese Yen (JPY) trades on the defensive against the US Dollar (USD) on Thursday, with USD/JPY extending gains for a second straight day after briefly sliding to its lowest level since July 7 in the immediate aftermath of the Federal Reserve’s (Fed) interest rate decision.
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United Kingdom FX Today: Pound Sterling plunges, will Retail Sales change the situation?

Pound Sterling (GBP) is trading sharply lower against the US Dollar (USD), with the cable losing 0.4% on the day at 1.3567. The fall in GBP/USD is largely fueled by a global rebound in the USD, while the Bank of England (BoE) meeting earlier this Thursday failed to surprise markets.
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