British Pound recovers from one-month low against JPY following positive Retail Sales
The GBP/JPY pair has seen continued selling pressure for the third consecutive day, but it has found some support just before hitting the one-month low that was established a day prior. This uptick followed the announcement of encouraging retail data from the UK. Despite this rebound, the price is poised for considerable weekly losses and […]
British Pound stays strong against a generally weaker JPY following disappointing UK data.
GBP/JPY Cross Shows Mixed Performance Amid UK Economic Data After a day of fluctuating prices, the GBP/JPY currency pair managed to maintain its upward momentum during early European trading on Friday. Nonetheless, it seems unable to break through the pivotal threshold of 215.00, staying fairly static even after the release of key UK economic data. […]
British Pound falls from monthly peak against JPY; sellers appear cautious
GBP/JPY Currency Update During Tuesday’s Asian session, the GBP/JPY cross saw a slight decline, slipping from its monthly high of around 214.70. Currently, it’s trading near the 214.35 mark, down a bit over 0.10% for the day. It’s not quite the follow-up some were expecting after the strong gains observed recently. There are several factors […]
Australian Dollar rises against Yen as China data falls short, JPY remains weak
Market Update: AUD/JPY and Japanese Yen Weakness The AUD/JPY was around 113.65 on Monday, showing a modest gain of 0.16% for the day. This rise comes amid continued weakness in the Japanese yen, which has supported the currency pair, despite some disappointing economic data from China that has somewhat limited the gains of the Australian […]
GBP/JPY reduces losses thought to be from suspected JPY intervention; remains under pressure beneath 213.00
The pound/yen exchange rate has dropped almost 350 pips from its earlier weekly high of around 214.20-214.25, following rumors of government intervention aimed at supporting the Japanese yen (JPY). However, the spot price recovered quickly from about 210.75 and has been hovering around 212.65-212.70 in the early European trading session. Recent data from the Bank […]
The USD falls against the EUR, JPY, and GBP even as yields rise. EURCHF recovers.
Market Overview The U.S. dollar is showing mixed signals, experiencing a slight dip against key currency pairs. While it’s strengthening against the Swiss Franc and remaining flat against the Canadian dollar, it’s also weak compared to the Australian and New Zealand dollars. This comes in the context of U.S. stock futures trending downward. Yields in […]
USD/JPY Outlook 19/11: Buyers Challenging JPY (Video)
Created on November 19, 2025 The US dollar is steadily rising against the yen, bolstered by strong buying activity pushing it past a major support level. A potential pullback is viewed as an opportunity to buy, as more gains are anticipated due to differences in interest rates and Japan’s accommodating monetary policy. The US dollar […]
USD/JPY Outlook 01/10: USD Fluctuates Against JPY
Created on October 1, 2025 On Tuesday, the US dollar initially rose against the Japanese yen, touching the 149 yen mark, but then slipped below the 200-day EMA during some trading sessions. Support is still evident at the 50-day level. The current market conditions suggest a bit more resilience, but with the upcoming non-farm payrolls […]
Saturday marks a turning point for the yen – a win for Koizumi could boost JPY.
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Monday morning forex rates update – JPY and EUR increase
I shared some early rate signs here: Opening Levels for Monday, Indicator FX Prices, May 19, 2025 The weekend brought quite a bit of news: The information didn’t really boost market confidence. UK Prime Minister Starmer is set to unveil a “reset” deal regarding Brexit on Monday. (Can we even say “Brexin”?) Australian PM Albanese […]