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

Pound Japanese Yen Exchange Rate Steady as Bank of Japan is Optimistic about Japan’s Covid-19 Vaccine Rollout

6 May 2021 at 3 PM - Written by John Cameron

STORY LINK Pound Japanese Yen Exchange Rate Steady as Bank of Japan is Optimistic about Japan’s Covid-19 Vaccine Rollout

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...

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Pound Japanese Yen Exchange Rate Edges Higher as Japan Lags Behind in Covid-19 Vaccine Rollouts

14 Apr 2021 at 5 PM - Written by John Cameron

STORY LINK Pound Japanese Yen Exchange Rate Edges Higher as Japan Lags Behind in Covid-19 Vaccine Rollouts

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...

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Pound Japanese Yen (GBP/JPY) Exchange Rate Dips as UK Non-Essential Shops Reopen

12 Apr 2021 at 10 AM - Written by John Cameron

STORY LINK Pound Japanese Yen (GBP/JPY) Exchange Rate Dips as UK Non-Essential Shops Reopen

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...

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Pound Japanese Yen (GBP/JPY) Exchange Rate Steady as Japan Lags Behind in Covid-19 Vaccine Rollout

30 Mar 2021 at 5 PM - Written by John Cameron

STORY LINK Pound Japanese Yen (GBP/JPY) Exchange Rate Steady as Japan Lags Behind in Covid-19 Vaccine Rollout

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...

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Pound to Japanese Yen Rises as Japan’s Economy Shrinks by 4.8% in 2020

15 Feb 2021 at 11 AM - Written by John Cameron

STORY LINK Pound to Japanese Yen Rises as Japan’s Economy Shrinks by 4.8% in 2020

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...

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Pound to Japanese Yen Exchange Rate Steady on Hopes for Japanese Economic Recovery

25 Jan 2021 at 3 PM - Written by John Cameron

STORY LINK Pound to Japanese Yen Exchange Rate Steady on Hopes for Japanese Economic Recovery

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...

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Pound to Japanese Yen (GBP/JPY) Exchange Rate Plummets on News of ‘Mutant’ UK Covid-19 Strain

21 Dec 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to Japanese Yen (GBP/JPY) Exchange Rate Plummets on News of ‘Mutant’ UK Covid-19 Strain

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...

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Pound Japanese Yen Exchange Rate Rises as Covid-19 Vaccine Hopes Weigh on JPY

10 Nov 2020 at 4 PM - Written by John Cameron

STORY LINK Pound Japanese Yen Exchange Rate Rises as Covid-19 Vaccine Hopes Weigh on JPY

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...

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Pound to Japanese Yen (GBP/JPY) Exchange Rate Dips as Safe-Haven Demand Rises on US Political Uncertainty

2 Nov 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to Japanese Yen (GBP/JPY) Exchange Rate Dips as Safe-Haven Demand Rises on US Political Uncertainty

GBP/JPY Exchange Rate Sinks as Japanese Yen Benefits from Safe-Haven Demand The Pound to Japanese Yen (GBP/JPY) exchange rate dipped today, with the pairing currently fluctuating around ¥135.329. The Japanese Yen (JPY) rose against Sterling today owing to its safe-haven status. With uncertainties over the global economy and US...

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Pound to Japanese Yen (GBP/JPY) Exchange Rate Edges Higher as Fears Grow over Japan’s Economic Recovery

21 Oct 2020 at 4 PM - Written by John Cameron

STORY LINK Pound to Japanese Yen (GBP/JPY) Exchange Rate Edges Higher as Fears Grow over Japan’s Economic Recovery

GBP/JPY Exchange Rate Rises as BoJ Urges ‘Swift and Appropriate’ Action The Pound to Japanese Yen (GBP/JPY) exchange rate edged higher today, with the pairing currently trading around ¥136.850. The Japanese Yen (JPY) fell against the Pound (GBP) following comments from the Bank of Japan (BoJ) that the Japanese Government and national...

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