Japanese Yen forecast page 9 - jpy japanese yen jap yen yen

The Pound to Yen exchange rate held its modest 0.15 per cent decline as European trading progressed on Thursday. The Pound Sterling to Japanese Yen exchange rate is trading down -0.17% at 169.73633 GBP/JPY. Pound Sterling was broadly softer as a result of bets that the asset’s recent rally was excessive. The currency also came under...

While the Yen advanced yesterday after the Bank of Japan opted to leave stimulus on hold, the Asian asset pared gains against the Pound and US Dollar on Thursday. As of 20:00, the Pound Sterling to Japanese Yen exchange rate is trading up 0.14pct at 171.62532 GBP/JPY, whilst the Euro to Japanese Yen exchange rate is trading up 0.13pct at...

This morning’s session was notable for the publication of the minutes of June’s Bank of England monetary policy committee meeting. The memos of this month’s UK central bank get-together revealed that, once again, the nine man committee was split on whether to augment the £375bn which has already been allocated to Britain’s...

The early part of this week’s session has brought the release of a mixed bag of data from Asia’s two leading economies. Chinese Industrial Production and Retail Sales data, released on Sunday, provided room for optimism, revealing that factory output and shop sales had increased at an accelerated rate last month. However, the positive...

The Pound Euro exchange rate (GBP EUR) is 1.1970. The Pound Dollar exchange rate (GBP USD) is 1.5606. The Pound Australian Dollar exchange rate (GBP AUD) is 1.4814. Yesterday’s session was marked by a doom-laden statement from the IMF regarding the future prospects of the world’s economy. It wasn’t the first time in recent months...

Tokyo’s leading Nikkei 225 equities index gained almost a percentage point during yesterday’s session, causing selling pressure on the Yen as investors liquidated their positions of safety in Yen-denominated assets and moved funds into higher risk, higher reward instruments. The Yen reached a multi-year high against the USD at the end...

The Yen continues to trade in a classic medium-term up trend against Sterling, strengthening from above 160 in 2009 to break down through 130 at the end of January. Since mid-2007, the Yen has made even more strident gains against the USD, strengthening from 124 to a near-term high of 82. Although there has been some profit-taking since...