Forex

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British Pound Slips as Global Risk-Off Mood Favors Yen and Franc

Forex

British Pound Slips as Global Risk-Off Mood Favors Yen and Franc

Oct 26, 2026

The British pound declined on Friday as a broad sell-off in global equities prompted investors to seek traditional safe-haven currencies like the Japanese yen and Swiss franc over the U.S. dollar. Weaker-than-expected UK retail sales data added to the pressure on sterling.