Category: JPY

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...