Brown Brothers Harriman (BBH) analysts note GBP/USD has recovered part of its prior drop after a dovish Bank of England hold and heightened UK political uncertainty. The BOE kept rates at 3.75% but lowered the bar for further easing by tweaking guidance and cutting inflation forecasts.
MUFG’s Lee Hardman notes that the Japanese Yen remains weak against the Dollar ahead of Japan’s Lower House election, with short JPY positions yet to see the broad liquidation seen in other trades.
In its earnings report on Thursday, Bitcoin treasury and financial intelligence firm Strategy said it recorded a $12.6 billion net loss attributable to common shareholders in the fourth quarter of 2025, a stark contrast with a net loss of $670.8 million in the same period in 2024.