(Bloomberg) -- The U.K. pound may slide against the yen on concern central bankers and finance ministers from the Group of Seven industrialized countries meeting today will say recent weakness in the Japanese currency is unwarranted.
The pound rose against the yen and the dollar this week on prospects that interest rates in Britain are headed higher. G-7 officials meet in Washington two months since they urged investors to recognize Japan's economic recovery. European Central Bank Governor Jean-Claude Trichet yesterday said the yen should reflect ``fundamentals.''
Read more at Bloomberg Currencies News
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