New Zealand Business NZ PMI down to 49.9 in May from previous 50.5

Jun 12, 2026

British Pound Sterling banks a peace rally as the bills come due

The British Pound spent most of Thursday doing what everything else did, leaking lower while Washington and Tehran traded fire, then exploding higher when President Trump canceled the evening's planned strikes just after 17:30 GMT and declared a deal all but done.

GBP/JPY Price Forecast: Consolidates as intervention woes cap upside

The Pound Sterling ended Thursday’s session almost flat at around 214.70 as market sentiment fluctuated but ultimately improved after US President Donald Trump cancelled attacks and hinted at a possible deal in place. The GBP/JPY traded with gains of almost 0.04%.