The British pound has steadied on Friday against the US Dollar after climbing 0.6% a day earlier. GBP/USD is trading at 1.2655 in the European session, down 0.1% on the day.

The yen rose to its highest level in 2-1/2 months due to a surge in Japanese inflation. The dollar weakened as Trump's tariff threats remained mostly rhetoric. The euro steadied ahead of the German ...