Japanese Yen forecast - jpy japanese yen jap yen yen

The Bank of Japan (BoJ) did adjust its policy surrounding bonds and yields at Tuesday’s policy meeting, but the measures fell short of market expectations. The US Dollar to Yen exchange rate (USD/JPY) is currently trading at 150.8725 (+1.19%) According to ING; “All in all today's BoJ meeting has not triggered the reset on how we...

GBP/JPY Exchange Rate Rangebound as Japanese Covid-19 Vaccinations Increase The Pound Japanese Yen (GBP/JPY) exchange rate held steady following the release of the latest flash Japanese industrial production figure for July, which fell below forecasts from 23% to 11.6%. The pairing is currently fluctuating around ¥151.20. An official at...

GBP/JPY Exchange Rate Rangebound as Japanese Economic Optimism Returns The Pound Japanese Yen (GBP/JPY) held steady today after the Bank of Japan (BoJ) revealed that it was optimistic about Japan’s vaccine rollout. The pairing is currently trading around ¥151.92. The Japanese Yen failed to gain against the Pound today despite...

GBP/JPY Exchange Rate Rises as US Economic strength Weighs on Appeal for Japanese Yen The Pound Japanese Yen (GBP/JPY) exchange rate rose by 0.3% today as strong US economic growth has weakened demand for the Japanese currency. The pairing is currently trading around ¥150.30. Bank of Japan (BoJ) Governor Haruhiko Kuroda was optimistic...

GBP/JPY Exchange Rate Falls as UK Markets Remain Cautious The Pound Japanese Yen (GBP/JPY) exchange rate dipped this morning despite a jump in small business confidence thanks to today’s reopening on the UK’s non-essential shops. The pairing is currently trading around ¥150.25. As a result, Sterling investors are now more hopeful...

GBP/JPY Exchange Rate Rangebound as Japanese Markets Await Latest Industrial Production Data The Pound Japanese Yen (GBP/JPY) exchange rate held steady today after Japan backpedalled on letting people chose which Covid-19 vaccine to take. The pairing is currently fluctuating around ¥151.38. Japan is lagging behind many large economies in...

GBP/JPY Exchange Rate Heads Higher as Japanese Economy Struggles with Covid-19 The Pound to Japanese Yen rose by 0.6% today after the UK hit its target of 15-million vaccinations over the weekend. The pairing is currently fluctuating around ¥146.32. The Japanese Yen suffered today following news that the Japanese economy had shrunk by...

GBP/JPY Exchange Rate Rangebound as Outlook Improves for Japanese Economy The Pound to Japanese Yen exchange rate held steady today, with the pairing currently fluctuating around ¥142.000. The Japanese Yen benefited from news that Japan’s economy could recover to levels seen before the Covid-19 pandemic as early as this March. Bank...

GBP/JPY Exchange Rate Sinks as No-Deal Brexit Fears Haunt UK Markets The Pound to Japanese Yen (GBP/JPY) exchange rate plummeted by -1.4% today, with the pairing currently fluctuating around ¥137.690. The Pound (GBP) fell sharply today following this weekend’s announcement that London and parts of the south-east of England would enter...

GBP/JPY Exchange Rate Edges Higher Despite Positive Japanese Economic Data The Pound to Japanese Yen (GBP/JPY) exchange rate rose by 0.7% today owing to positive news about a Covid-19 vaccine. The pairing is currently fluctuating around ¥139.557. As a result, safe-haven currencies like the Japanese Yen suffered a sell off in favour of...