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Pound-Yen Rate in Sharp Decline, Downtrend Forecast to Extend Towards 2019 Low

  • Written by Joaquin Monfort
  • Category: JPY

Pound to Yen exchange rate

The Pound-to-Yen exchange rate is trading at around 134.47 at the time of writing, already almost 1.0% down so far this week, and studies of the charts suggest the exchange rate will probably continue its downtrend in the days to come.

Read more: Pound-Yen Rate in Sharp Decline, Downtrend Forecast to Extend Towards 2019 Low

Pound-Yen Rate's to Extend Step Decline Lower, some Risk of Range Developing

  • Written by Joaquin Monfort
  • Category: JPY

Yen outlook

The Pound-to-Yen exchange rate is trading at around 135.80 at the time of writing, 0.40% down so far this week, and studies of the charts suggest the exchange rate will probably either enter a sideways period or continue its broader downtrend in the days to come.

Read more: Pound-Yen Rate's to Extend Step Decline Lower, some Risk of Range Developing

Safe Haven Currencies Could be the Winners If Roubini’s Dire Prognostications are Right

  • Written by Joaquin Monfort
  • Category: JPY

Safe-haven currencies could come back into fashion at the expense of all others next year if Nuoriel Roubini, an economist and professor of economics at New York University's Stern School of Business, is right with his latest forecasts for the global economy. 

Read more: Safe Haven Currencies Could be the Winners If Roubini’s Dire Prognostications are Right

Pound-Yen Set to Continue Downtrend

  • Written by Joaquin Monfort
  • Category: JPY

Japanese Yen

The Pound-to-Yen exchange rate is trading at around 136.50 at the time of writing, a tenth of a yen lower than a week ago, and studies of the charts suggest the exchange rate is set to continue its broader downtrend in the days to come.

Read more: Pound-Yen Set to Continue Downtrend