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GBP/USD slumps over 1% as UK political turmoil triggers market sell-off

The British Pound (GBP) weakens against the US Dollar (USD) on Wednesday, with GBP/USD sliding over 1% on the day from its highest level since October 2021. The pair is trading near 1.3593 during the American session, as political and fiscal jitters weigh on Sterling sentiment.
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EUR/JPY trades in tight range as psychological resistance firms at 170.00

The Japanese Yen (JPY) is steadying against the Euro (EUR) on Wednesday as markets continue to monitor trade developments with the United States.
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