13 April 2021 Japanese Yen Could Rally on Short Squeeze in April, BMO Capital Markets Says

The Japanese Yen remained the worst performing major currency of 2021 on Tuesday but could be set to narrow the gap between itself and comparable rivals over the coming weeks if BMO Capital Markets…

Read more … →
24 March 2021 Japanese Yen "Oversold" and Set to Weigh Further On GBP/JPY Short-term

The Japanese Yen was a contender for the top spot among currencies this week by Wednesday having reached oversold levels that have helped put the Sterling-Yen exchange rate onto its back foot, alth…

Read more … →
19 March 2021 Japanese Yen Towers Over Euro, Swiss Franc after Bank of Japan Lifts Yields 

The Japanese Yen outperformed on Friday, rising against all major currencies but especially those within its 'funding currency' peer group, after the Bank of Japan (BoJ) appeared to covet higher bo…

Read more … →
17 March 2021 Pound-Yen's Yield Driven Rally Hinged On Central Bank Trifecta 

The Pound-to-Yen exchange rate little changed On Wednesday after having stalled near to three-year highs earlier this week, leaving the British currency's rally and GBP/JPY's outlook hinged on whet…

Read more … →
19 January 2021 Pound-Yen Rate Could Rally as GBP Pulls Punters, Japanese Yield Hunt Weighs on JPY 

The Pound-to-Yen exchange rate could rally ahead of other Sterling pairs in the coming weeks and months if a recovery of the British currency coincides with resilience in American bonds yields or a…

Read more … →