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flag British Pound surpasses 200.00 against Japanese Yen, influenced by positive economic data and looming rate cuts.

flag The British Pound has strengthened against the Japanese Yen, breaking above the 200.00 level for the first time since July 2024. flag This follows positive economic data and ahead of key central bank meetings. flag The USD/JPY and AUD/USD pairs also show mixed trends, with the Australian dollar gaining on a weaker US dollar and positive economic indicators. flag Traders are focusing on upcoming central bank decisions, particularly from the Federal Reserve, which is expected to cut interest rates by 25 basis points. flag This could support the Aussie dollar and weigh on the US dollar.

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