The Yen fell Wednesday after the Bank of Japan (BoJ) slashed its inflation forecasts for a fourth consecutive time, undermining the case for a withdrawal of monetary stimulus over the coming quarters and prompting traders to dump the currency by the bucket load. 

January 23,2019

Yen exchange rates

The technical picture shows the outlook remains bullish for Sterling against the Yen, the Bank of Japan's January policy event dominates this week's calendar.

January 22,2019

Yen exchange rate

From a technical perspective, the outlook favours the recovery in Sterling-Yen to extend.

January 15,2019

Pound to Yen

The Pound appears to be higher across the board, part of the reason may be favourable month-end flows but the gains come in the context of a downtrend in GBP/JPY since November highs at 149.50 were rejected and we believe the trend should ultimately continue.

December 31,2018

The USD/JPY rate is a "House of Cards" that could easily collapse if Japanese investors walk away from large bets on the U.S. stock and bond markets, according to strategists at Morgan Stanley.

December 21,2018

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