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GBPUSD recovers some ground before key Commons vote

GBPUSD recovers some ground before key Commons vote

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Giles Coghlan
14/09/2020 | 08:52 GMT
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The U.S. may soon announce a multinational naval coalition to escort ships through the Strait of Hormuz, though officials are still deciding whether operations should begin during the conflict or only after hostilities ease.

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India’s foreign minister said talks with Iran are helping reopen shipping through the Strait of Hormuz, with two Indian LPG carriers transiting safely, even as the U.S. urges allies to deploy warships to secure the vital oil route.

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Japan and South Korea warned they may act against FX volatility after sharp falls in the yen and won. The yen is nearing 160 per dollar while the won has breached 1,500 as dollar strength intensifies.

Japan and South Korea warned they may act against FX volatility after sharp falls in the yen and won. The yen is nearing 160 per dollar while the won has breached 1,500 as dollar strength intensifies.
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