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

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

25 Jan 2021 at 3 PM - Written by John Cameron

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

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

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

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

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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Pound to Japanese Yen (GBP/JPY) Exchange Rate Falls as Japanese Yen Benefits from Safe-Haven Status

4 Aug 2020 at 5 PM - Written by John Cameron

GBP/JPY Exchange Rate Sinks as Dimming Global Economic Outlook Boosts Safe-Haven Demand The Pound to Japanese Yen (GBP/JPY) exchange rate fell by -0.4% today, with the pairing currently fluctuating around ¥138.098. The Japanese Yen (JPY) rose today as concerns over the global economy have benefited the safe-haven currency. With global...

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Pound to Japanese Yen (GBP/JPY) Exchange Rate Steady as Japan’s Leading Economic Index Beats Forecasts

27 Jul 2020 at 5 PM - Written by John Cameron

GBP/JPY Exchange Rate Rangebound as Uncertainty Grows Over Japan’s Economy The Pound to Japanese Yen (GBP/JPY) exchange rate held steady today, with the pairing currently trading around ¥135.120. The Japanese Yen (JPY) failed to make any significant gains on the Pound (GBP) following this morning’s release of the latest Japanese...

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Pound to Japanese Yen (GBP/JPY) Exchange Rate Soars as Japan Enters ‘Full-Blown Recession’

19 May 2020 at 5 PM - Written by John Cameron

GBP/JPY Exchange Rate Rises on Japan’s Economic Woes The Pound to Japanese Yen (GBP/JPY) exchange rate soared by 0.9% today, with the pairing currently trading around ¥130.752. The Japanese Yen (JPY) has continued to struggle as Japan’s economy fell into a recession for the first time since 2015. Sunday saw the world’s...

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Pound Japanese Yen (GBP/JPY) Exchange Rate Falls as UK Manufacturing PMI Hits Historic Low in April

1 May 2020 at 1 PM - Written by John Cameron

GBP/JPY Exchange Rate Falls as UK Manufacturing Suffers From Covid-19 Crisis The Pound to Japanese Yen (GBP/JPY) exchange rate fell by -0.8% today, with the pairing currently trading around ¥133.874. Sterling struggled today after it was revealed that UK consumer credit growth and mortgage approvals had fallen to their lowest since 2013....

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Pound to Japanese Yen (GBP/JPY) Exchange Rate Steady as Japan’s Economic Outlook Darkens

24 Apr 2020 at 3 PM - Written by John Cameron

GBP/JPY Exchange Rate Rangebound as Japanese Economy Faces ‘Severe Situation’ The Pound to Japanese Yen (GBP/JPY) exchange rate held steady today, with the pairing currently trading around ¥132.93. The Japanese Yen (JPY) has been increasingly pressured by fears over the Japanese economy in April, after the Japanese Government was...

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