The yen steadied slightly off a 2 1/2-year low against the dollar on Monday as option-related buying prompted short-term players to refrain from testing the Japanese currency's downside for now.
Like children at a funfair with a few quid in their pockets, Gordon Brown and Alistair Darling have dropped their latest coin (this one’s worth 100 billion pounds, or $146 billion) into the whack-a-mole game that is the UK financial market.
U.K. investor attention will be on the Bank of England's monetary policy committee (MPC) when it meets Thursday as the group tries to balance inflation and the threat of a recession.