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.
August 8,2018
GBP/JPY falls within descending channel after trendline break and more downside potentially to 142.00 is expected.
August 6,2018
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.
August 2,2018
"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.
July 31,2018
GBP/JPY in long-term downtrend but anything could happen as both central banks are set to meet this week; a break below the 143.195 lows would be key to advancing the bearish cause.
July 30,2018
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