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GBP to JPY Forecasts

The Pound was able to make steady gains against the Japanese Yen this week, but investors remained flighty due to high volatility generated by revealed plans on Brexit. Japanese data out over the week was broadly positive, but failed to lift the Yen against the more active Pound. Over the current week, the Pound Yen [...]

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The Pound to Japanese Yen exchange rate ticked higher earlier today following the release of the UK’s latest Manufacturing PMI figures, which saw an impressive rise from 53.6 to 56.1 in December. GBP JPY currently sits around 144.40 following the release of the manufacturing figures, up slightly from 144.35 earlier this morning. The Pound (GBP) [...]

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The Pound to Japanese Yen exchange rate was able hold near its best levels in a month, just below the key level of 130.00, on Tuesday afternoon as investors remained confident in a US election win for Democrat Hillary Clinton. The ‘safe haven’ Yen remained weak throughout the day with investors opting for its risky [...]

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The GBP JPY exchange rate lost significant ground at the start of the week, thanks to rumours circulating over the future of Bank of England (BoE) Governor Mark Carney. Worries that the Governor could depart in 2018 weighed heavily on the Pound, with markets viewing Carney as a post-referendum economic stabilising force. While there was [...]

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The Pound to Japanese Yen exchange rate has surged to its highest levels since the Sterling flash crash earlier this month, following news that car manufacturer Nissan will be making a major investment in its factory in Sunderland as it commits to building two new car models in Britain. GBP JPY currently hovers around 128.09 [...]

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The Pound to Japanese Yen exchange rate has continued to tumble lower throughout this week. Wednesday’s session saw GBP JPY recover from Tuesday night’s four-year-low of 125.07 on hopes of a Brexit debate in UK Parliament. However, as demand for ‘safe haven’ currencies edged back, the Yen strengthened and left GBP JPY trending nearer 126.50. [...]

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GBP JPY Steadies After Article 50 Slump

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Date: October 4th, 2016.

GBP JPY got off to a poor start to the week, but the UK currency has since managed to stabilise slightly. The Yen’s performance over the last few days has been less-than-impressive, with progressive losses being recorded against major peers such as the Euro and US Dollar. Before the latest Brexit news sparked a broadbased GBP downtrend, [...]

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The Pound to Japanese Yen exchange rate plunged on Wednesday as the Bank of Japan’s (BoJ) latest stimulus measures failed to dissuade markets from buying the ‘safe-haven’ Yen. However, by Thursday morning GBP/JPY had recovered from its monthly-lows of 130.4679 and trended in the region of 131.5000. Sterling has generally been unable to advance this [...]

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The Pound to Japanese Yen exchange rate has softened since markets opened on Monday, but with investors hesitant to let the Japanese Yen strengthen much further the pair has remained above the key level of 135.00. GBP/JPY was trending in the region of 135.6500 on Tuesday morning. Sterling has struggled to hold its ground since markets [...]

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GBP/JPY Forecast to Extend Losses

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Date: August 12th, 2016.

The Pound steadily deteriorated against the Japanese Yen last week, with other GBP exchange rates faring equally poorly. The week ahead holds little promise of a recovery for the Pound due to pessimistic forecasts. The Japanese Yen steadily rose against Sterling by contrast, ending the week on a strong footing against the UK currency. Domestic [...]

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