GBP/USD retreats toward 1.3280 during Friday’s US session, marking a fresh two-month low. The US Dollar (USD) remains firm, supported by increased safe-haven demand amid political uncertainty in Japan and France.
USD/JPY stabilized after rallying to an 8-month high near 153.27. Japan’s ruling coalition fell apart today after Komeito, the junior partner to Sanae Takaichi’s Liberal Democratic Party, indicated it planned to pull out of the partnership.
US Dollar (USD) takes a breather after closing-in on its August high. We’re still flying blind amid the ongoing US government shutdown, with key economic data releases on hold.