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Japanese Yen Forecast Directory - Page #3

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

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

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...

CATEGORIES: Japanese Yen Forecasts Pound Yen Forecasts

GBP to JPY Exchange Rate Tumbling from Yearly Best as Yen Mounts Broad Recovery

9 Feb 2021 at 5 PM - Written by Tim Boyer

Despite new fiscal stimulus packages being announced for Japan, the safe haven Japanese Yen continues to climb today and the British Pound to Japanese Yen (GBP/JPY) exchange rate is tumbling. Investors are selling the Pound amid fresh uncertainties over Britain’s coronavirus and Brexit outlooks, and the Yen is benefitting largely from...

CATEGORIES: Pound Yen Forecasts

Pound Sterling-Yen Exchange Rate Hits New 11-Month-Best amid Concerning Japanese Data

29 Jan 2021 at 11 AM - Written by David Woodsmith

While safe haven demand has been rising on market uncertainty in recent sessions, this did not stop the British Pound to Japanese Yen (GBP/JPY) exchange rate from jumping to its best levels in almost a year. While the Yen is typically more correlated with market sentiment than domestic news, a slew of negative Japanese data combined with some...

CATEGORIES: Pound Yen Forecasts

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...

CATEGORIES: Japanese Yen Forecasts Pound Sterling Forecasts

GBP to JPY Exchange Rate Slips from Best Levels in Almost a Year amid UK Recession Jitters

15 Jan 2021 at 1 PM - Written by Tim Boyer

While Britain’s outlook has improved over the past week, the British Pound to Japanese Yen (GBP/JPY) exchange rate is sliding today. Investors are hesitant to keep buying the Pound as focus on the possibility of Britain seeing a ‘double-dip recession’ rises. Meanwhile, the Japanese Yen is gaining a little on market risk-aversion, but...

CATEGORIES: Pound Yen Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Recovers Ground Thanks to Covid-19 Vaccine Optimism

8 Jan 2021 at 3 PM - Written by Frank Davies

Covid-19 Vaccine Optimism Lifts Pound Japanese Yen (GBP/JPY) Exchange Rate Buoyant market risk appetite helped to keep the Pound to Japanese Yen (GBP/JPY) exchange rate on a positive footing heading into the weekend. While some anxiety over the spread of the new Covid-19 mutations lingered this was overshadowed by news that the Pfizer...

CATEGORIES: Pound Yen Forecasts

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...

CATEGORIES: Japanese Yen Forecasts Pound Yen Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Rallies Thanks to Brexit Trade Talks Reprieve

14 Dec 2020 at 3 PM - Written by Frank Davies

Easing Fears of No-Deal Brexit Offer Boost to Pound Japanese Yen Exchange Rate The Pound to Japanese Yen (GBP/JPY) exchange rate rallied strongly on Monday as anxiety over a potential no-deal Brexit outcome temporarily diminished. As the UK and EU agreed to extend trade talks further in the hopes of reaching a deal the mood towards the...

CATEGORIES: Pound Yen Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Strengthens on Unexpected UK Retail Sales Growth

20 Nov 2020 at 3 PM - Written by Frank Davies

Pound Japanese Yen (GBP/JPY) Exchange Rate Gains Ground Thanks to UK Retail Sales Growth UK retail sales delivered unexpected monthly growth in October, helping to keep the Pound to Japanese Yen (GBP/JPY) exchange rate on a stronger footing ahead of the weekend. Investors were encouraged as retail sales strengthened 1.2% on the month,...

CATEGORIES: Pound Yen Forecasts

Pound Japanese Yen (GBP/JPY) Exchange Rate Sheds Further Ground on Weaker Monthly UK Growth Rate

12 Nov 2020 at 3 PM - Written by Frank Davies

Pound Japanese Yen Exchange Rate Slides as UK Gross Domestic Product Misses Forecast The Pound Sterling to Japanese Yen (GBP/JPY) exchange rate came under renewed pressure in the wake of the third quarter UK gross domestic product report. Although the headline quarterly growth rate surged to a record high of 15.5% this was not enough to...

CATEGORIES: Pound Yen Forecasts