Pound Yen forecast page 8 - GBP JPY

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Rises as UK Real Wages Grow The Pound Japanese Yen (GBP/JPY) exchange rate made gains over the course of the session, with the pairing currently trading at an inter-bank rate of ¥142.95. This morning, following a slew of disappointing UK data releases, the pairing slid, before...

Pound Sterling Japanese Yen (GBP/JPY) Exchange Rate Shakes off Disappointing Construction PMI A weaker-than-expected UK construction PMI was not enough to prevent the Pound Sterling to Japanese Yen (GBP/JPY) exchange rate trending higher on Monday. Although the PMI slowed sharply from 52.8 to 50.6, falling closer to a state of...

Japanese Yen (JPY) Exchange Rates Tumble as BoJ Cuts Inflation Expectations The Japanese Yen (JPY) fell back against the Pound (GBP) and the majority of its other peers on Wednesday morning as markets reacted to the Bank of Japan’s (BoJ) first policy meeting of 2019. It came as little surprise to JPY investors to see the BoJ leave...

GBP/JPY Exchange Rate Volatile as Japanese Consumer Confidence Falls Third Month in a Row The Pound Sterling Japanese Yen exchange rate has been steadily climbing since the beginning of this week’s session, with the pairing currently trading at a rate of ¥139.02. This morning it is likely the Japanese Yen was dented by December’s...

Market demand for safe haven currencies like the Japanese Yen has been dwindling lately, and the Japanese Yen has seen little in the way of domestic support either. As a result, the British Pound to Japanese Yen (GBP/JPY) exchange rate saw some of the biggest gains among major Pound exchange rates on Monday. After opening last week at the...

The Pound Japanese Yen (GBP/JPY) exchange rate is treaded water on Monday afternoon following the release of the UK’s latest Services PMI. Pound (GBP) Exchange Rates Subdued as UK Services PMI Underwhelms Following on from a surge at the very start the week’s session amid reports of a possible breakthrough in Brexit, the Pound was...

The Pound opened trading against the Japanese Yen at a level of ¥147.1200 on Tuesday, later closing higher around ¥148.1484. This appreciation was brought on by news of a better-than-expected UK wage growth rise in August – the pace of average earnings growth increased despite forecasts for no change. At the time, there was high...

Wednesday saw the Pound to Japanese Yen exchange rate open in the region of ¥148.6796 and close slightly lower around ¥148.0197. This deprecation was caused by a mixed reception to the UK’s GDP growth rate data – on the plus side, 0.7% growth was reported for the 3-month average to the end of August. Less supportively, however, a...

A weaker-than-expected UK services PMI was not enough to drive the Pound Sterling to Japanese Yen (GBP/JPY) exchange rate lower on Wednesday. While the services PMI softened from 54.3 to 53.9 in September the sector remains firmly within a state of expansion, even in the face of mounting Brexit-based jitters. Although signs still point...

Economic concerns continued to pile on top of the Pound on Thursday, exacerbating concerns about the potential effects of the Brexit process and knocking the British Pound to Japanese Yen (GBP/JPY) exchange rate lower. The Japanese Yen was able to easily benefit thanks to stronger market demand for safe haven currencies as US-China trade war...