Category: JPY

GBP/USD, GBP/EUR in Tight Range as Markets Digest BoE Survey and Tariffs; GBP/TRY Sinks, GBP/JPY Climbs
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GBP/USD, GBP/EUR in Tight Range as Markets Digest BoE Survey and Tariffs; GBP/TRY Sinks, GBP/JPY Climbs

The Pound remained in a tight range against both the Euro (GBP/EUR) and US Dollar (GBP/USD) exchange rates on Thursday morning, while falling against the recovering Turkish Lira (GBP/TRY) and climbing against the Japanese Yen (GBP/JPY).  Trump’s Trade War Causes Currency Market Investors to Tread Carefully Trade war worries continue to ripple through the market...

Euro Exchange Rate Forecast: EUR/USD, EUR/GBP, EUR/JPY; Japanese Inflation Ahead
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Euro Exchange Rate Forecast: EUR/USD, EUR/GBP, EUR/JPY; Japanese Inflation Ahead

Thursday saw the Euro trading lower against the US Dollar (EUR/USD), but gaining ground against the Pound (EUR/GBP) and Japanese Yen (EUR/JPY) ahead of central bank speeches.  Representatives from the Federal Reserve, Bank of England (BoE), and European Central Bank (ECB) will all speak during Thursday’s session which could create some market movement. BoE Chief...

Pound Slips Against US Dollar (GBP/USD), Sterling to Euro/Japanese Yen in Tight Range
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Pound Slips Against US Dollar (GBP/USD), Sterling to Euro/Japanese Yen in Tight Range

The Pound has begun Wednesday morning on the back foot against the US Dollar (GBP/USD) while remaining in a tight range against both the Euro (GBP/EUR) and Japanese Yen (GBP/JPY) exchange rates. Japenese Activity Rebounds, will GDP Follow? In Japan, the latest All Industry Activity Index came in just below forecasts at +0.4%. Despite not...

GBP/USD Above 1.40, JPY Outdoes CHF as a Safe-Haven Asset, GBP/CHF Rallies
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GBP/USD Above 1.40, JPY Outdoes CHF as a Safe-Haven Asset, GBP/CHF Rallies

The Pound exchange rate has begun the week above the 1.40 level against the US Dollar (GBP/USD), while climbing against the Swiss Franc (GBP/CHF) and Japanese Yen (GBP/JPY), recovering from weaker-than-forecast UK Retail Spending figures last Friday. The week ahead could see the Pound swing significantly on economic events, with the Bank of England (BoE)...

Pound Sinks, GBP/EUR, GBP/AUD, GBP/NZD, GBP/JPY Exchange Rates Drop after UK Data
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Pound Sinks, GBP/EUR, GBP/AUD, GBP/NZD, GBP/JPY Exchange Rates Drop after UK Data

The Pound Sterling exchange rate has fallen on Wednesday after a mixed bag of economic data. The British currency sank below 1.13 against the Euro (GBP/EUR), and noted hefty losses against the Australian Dollar (GBP/AUD), New Zealand Dollar (GBP/NZD), and Japanese Yen (GBP/JPY). The UK Industrial Production figure grew by 0.4% in November, but the...

GBP/JPY, GBP/RUB Decline as UK Wage Growth Lags Behind Inflation
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GBP/JPY, GBP/RUB Decline as UK Wage Growth Lags Behind Inflation

The Pound to Japanese Yen (GBP/JPY) and Pound to Russian Ruble (GBP/RUB) exchange rates were trending lower in Wednesday’s European trading following lacklustre UK wage and employment data. The UK’s Unemployment Rate remains at 4.3%, the lowest level in 42 years. Unemployment declined by 59,000 in the third quarter to reside at 1.42 million. On...

GBP/NZD, GBP/JPY, GBP/ZAR Advance on SA Cabinet Reshuffle, Dairy Prices, and UK Labour Data
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GBP/NZD, GBP/JPY, GBP/ZAR Advance on SA Cabinet Reshuffle, Dairy Prices, and UK Labour Data

The Pound advanced against the New Zealand Dollar (GBP/NZD), Japanese Yen (GBP/JPY) and South African Rand (GBP/ZAR) on Wednesday after UK labour market data was published. The UK Unemployment Rate maintained its 42-year low at 4.3% in the three months through August, but average weekly earnings were lacklustre once again, at 2.2%. Employment Change also...