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A round up of the latest Japanese Yen forecast news items from the Currency News desk.

GBP/JPY Climbs as Yen Weakness Continues despite Disappointing UK Growth Reading

28 May 2015 at 1 PM - Written by Frank Davies

GBP/JPY Holds Steady, UK GDP Holds at 0.3 The Pound advanced against the Yen on Thursday, remaining relatively unchanged despite disappointing UK data releases. The second estimate of UK Gross Domestic Product growth was expected to rise slightly from 2.4% to 2.5% on the year in Q1. However, the ecostat remained the same, while the...

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Pound Climbs versus Yen (GBP/JPY) after UK Retail Sales Jump

21 May 2015 at 4 PM - Written by David Woodsmith

GBP/JPY Trending Higher as Warm Weather Boosts Spending The Pound recorded gains against a host of other majors including the Yen when UK Retail Sales data beat economists’ expectations. Year-on-year, UK Retail Sales recorded 4.7% growth including fuel in April after the previous month’s 4.0%. The rise is accredited to a surge in...

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Pound Falls against Yen (GBP/JPY) as Japanese Service Sector Improves Markedly

7 May 2015 at 7 PM - Written by John Cameron

GBP/JPY Weaker as UK Election Dawns The Pound had a mixed day on Thursday and slipped against several majors including the Yen after upbeat Japanese data emerged. The Japanese nation recorded some favourable developments in April with the Services Purchasing Managers Index climbing out of contraction territory to record growth instead. The...

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Pound to Yen (GBP/JPY) Relatively Static after UK Data and Japanese Central Bank Statements

30 Apr 2015 at 5 PM - Written by Ben Hughes

GBP/JPY Currency Pair Trading in Narrow Range The Pound remained in a tight range against the Japanese Yen following statements from the Japanese central bank on Thursday. The Yen exchange rate managed to climb against some major peers when the Bank of Japan failed to expand stimulus as expected. Japan’s easing programme is already...

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Pound Falls against Japanese Yen (GBP/JPY) as UK Data Weighs Heavily

23 Apr 2015 at 4 PM - Written by Tim Boyer

GBP/JPY Declines after UK Sales Data The Pound softened against a wide range of majors, including the Japanese Yen, on Thursday after UK data disappointed quite significantly. UK Retail Sales excluding automobiles were expected to rise by 0.5% in March with sales including vehicles climbing 0.4%. However, the actual ecostats noted a -0.5%...

CATEGORIES: Daily Currency Updates Japanese Yen Forecasts Pound Sterli Forecasts

Pound Climbs against Japanese Yen (GBP/JPY) Ahead of UK Data Releases

16 Apr 2015 at 10 PM - Written by Tim Boyer

Sterling Rallies, Yen Declines, UK Data in Focus The Pound jumped higher against the Japanese Yen on Thursday after an interesting few days for domestic data. Earlier in the week, Japanese Machine Orders jumped from 1.9% in January, above the 4.3% expectation to reside at 5.9% in February. Moody’s Analytics had said prior to the...

CATEGORIES: Daily Currency Updates Japanese Yen Forecasts Pound Sterli Forecasts

Pound Falls against Japanese Yen (GBP/JPY) as UK Data Leads to Dwindling Investor Sentiment

9 Apr 2015 at 9 PM - Written by Tim Boyer

GBP/JPY Exchange Rate Dips as UK Data Pushes Back Rate Hike Bets The Pound softened against other majors including the Japanese Yen on Thursday after disheartening UK economic data emerged. As we edge closer to the May general election, downbeat data could sully the reputation of the current government, causing further political...

CATEGORIES: Daily Currency Updates Japanese Yen Forecasts Pound Sterli Forecasts

Pound Sterling Climbs Towards 180.000 Versus Japanese Yen on Bank of Japan Meeting

9 Apr 2015 at 9 AM - Written by John Cameron

The Pound Sterling recorded strong gains against the Japanese Yen during yesterday’s session, sending the GBP JPY exchange rate up from an intraday low of 177.610 all the way up to a peak of 179.290. The forward move on the day for GBP JPY was largely driven by a fresh bout of Yen weakness following the latest Bank of Japan (BoJ)...

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Pound Sterling to Japanese Yen Exchange Rate Forecast to Soften on British Construction Data

2 Apr 2015 at 4 PM - Written by Ben Hughes

The Pound Sterling to Japanese Yen exchange rate softened by around -0.29% during Thursday’s European session. After British construction data failed to meet with the market consensus, the Pound softened versus the majority of its most traded currency rivals. As has been the case for several weeks now, the Pound is struggling against damp...

CATEGORIES: Currency Predictions Japanese Yen Forecasts Pound Sterling Forecasts

Pound Sterling to Japanese Yen (GBP/JPY) Exchange Rate Trending within Limited Range on Safe-Haven Demand

31 Mar 2015 at 4 PM - Written by John Cameron

The Pound Sterling to Japanese Yen exchange rate was trending within a narrow range on Tuesday. After domestic data produced positive results, the Pound strengthened versus many of its major peers. This is despite ongoing political uncertainties weighing on investor confidence as the general election fast approaches. The Japanese Yen,...

CATEGORIES: Japanese Yen Forecasts