British Pound Near Lowest Level This Month

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Dec. 16 (Bloomberg) –- Bloomberg's David Ingles reports on the latest stories moving the FX Market on Bloomberg Television's "First Up." (Source: Bloomberg)

Let's start things off with the british pound.

This is the weakest level this month.

It is about a 116 level.

It has dampened expectations that they will raise rates sooner.

Let's bring you back into this.

This is based on the forecast.

They are expecting the inflows to top $2 billion for the month.

About a 10th of the country's population earns their living abroad.

Let's turn our attention to japan.

This was released this morning.

This rose to 16 in the fourth quarter.

Business confidence is at its highest level in japan in six years.

Let's take a look at the japanese yen.

There we go.

We were as high as the dollar yen.

This is at 137. this is trading at its weakest levels against the euro in about a month.

Those were the stories driving

This text has been automatically generated. It may not be 100% accurate.


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