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

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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Pound Japanese Yen (GBP/JPY) Exchange Rate Falls, JPY Soars on Safe-Haven Demand

18 Mar 2020 at 12 PM - Written by John Cameron

GBP/JPY Exchange Rate Fall as Investors Seek Japanese Yen Refuge The Pound Japanese Yen (GBP/JPY) plummeted by 1% today as investors seek refuge in the safe-haven Japanese currency as Covid-19 fears wrack the global economy. The pairing currently trading around ¥128.75. Japanese Yen (JPY) investors are awaiting further developments over...

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Japanese Yen Rate Today: Weak GDP Data from Japan Adds to the Concerns for the Global Economy

17 Feb 2020 at 2 PM - Written by David Woodsmith

Q4 data has been patchy, with Germany and China especially concerning. Japanese data released Monday shows GDP growth at -1.6% QoQ. Recession is probable and ING call 2020 GDP growth at -1.1%. What is especially worrying is that the data does not yet reflect the impact of the coronavirus and the effects could be significant. Looking...

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Pound Japanese Yen (GBP/JPY) Exchange Rate Sinks as Bank of Japan Holds its Interest Rates

19 Dec 2019 at 4 PM - Written by John Cameron

GBP/JPY Exchange Rate Sinks on Rising Hopes of US-China Trade Deal The Pound Japanese Yen (GBP/JPY) exchange rate fell by -0.6% today, with the pairing currently trading around ¥142.342 despite the Bank of Japan (BoJ) holding its interest rates at -0.1% while downgrading its forecasts for industrial production. The central bank was...

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Pound Japanese Yen (GBP/JPY) Exchange Rate Sinks despite Japanese Manufacturing Sinking to a 6-Year Low

1 Oct 2019 at 5 PM - Written by John Cameron

GBP/JPY Exchange Rate Falls, Could the Japanese Yen Fall on US-China Trade Flare-Up? The Pound Japanese Yen (GBP/JPY) exchange rate eased by -0.5% today, with the pairing currently trading around ¥132.016 despite the Japanese manufacturing index falling to a six-year low in the third quarter, with the figure sinking from 7 to 5. Joe...

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