The Pound to Yen exchange rate is the biggest riser of the Sterling pairs for the year but could be turned on its head by month-end if the Bank of Japan (BoJ) surprises financial markets in calling time on its monetary stimulus next Friday, which would also risk creating volatility in GBP/USD too.
July 21,2023
The Japanese Yen stabilised against the Pound, Dollar, Euro and others in opening the new month but remained near landmark lows and would likely have most to gain from the single currency and Sterling if a recently popular 'carry trade' leads to another lurch lower currency and intervention to support it from Tokyo
July 4,2023
The Japanese Yen has reached milestone lows against some counterparts and prompted increased speculation about the risk of another intervention to stem the declines but any support for the currency might eventually be washed away if it later turns out that inflation has escaped from its lantern in Japan.
June 28,2023
The yen has resumed its downtrend and is currently trying to breach its multi-year lows against the euro and pound, as the capital exodus from Japan continues unabated.
June 27,2023
The Japanese Yen is close to the biggest fallers on the market for a second year running and while forecasters say an eventual shift in Bank of Japan (BpJ) interest rate policy should ultimately lead to a recovery, the Bank of England's (BoE) ongoing experience with inflation suggests that the opposite could easily become true.
June 20,2023
Page 16 of 62