GBP/JPY has fallen steeply as buyers flock to the safe-haven Yen and the exchange rate could fall further although there are conflicting bullish recovery signs.
Read more … →
The Yen is stronger across foreign exchange markets today after positive wage data and reports the Bank of Japan considered raising rates earlier in the year provided a boost.
Read more … →
GBP/JPY falls within descending channel after trendline break and more downside potentially to 142.00 is expected.
Read more … →
Bank of Japan reigns in 10-year bond yields following a rapid rise over recent days. Move suggests ongoing tethering could plant floor below USD/JPY.
Read more … →
"Super-easy BoJ policy is still very much in place" ensuring Yen's recent rally appears to have hit the brakes and analysts see the currency drifting lower from here.
Read more … →