[GBP/JPY] Weak Consumption and Economy
After continuous declines last week, GBP/JPY finally rebounded, mainly due to a correction in yen strength rather than pound buying. However, challenges like the impact of Trump’s tariffs and the …
[GBP/JPY] Bank of England (BOE) Expected to Cut Rates by 0.25%
Yesterday, during Tokyo trading hours, Japan’s Economy Minister Akazawa made comments that increased expectations for an interest rate hike in Japan. Because of this, GBP/JPY dropped from the upper 192 …
[GBP/JPY] The Bank of England (BOE) to Restart Interest Rate Cuts
The Bank of England (BOE) is expected to lower interest rates by 0.25% this week for the first time in two meetings. In December, UK inflation (CPI and RPI) slowed …
[GBP/JPY] UK Fiscal Concerns and Bank of Bank of Japan (BOJ) Meeting
Concerns about the UK’s finances have grown due to large tax increases and record-high borrowing plans under the Starmer government. This led to selling of long-term bonds, pushing interest rates …
[GBP/JPY] Job Improvement Amid Challenges
On Monday, when the Tokyo market was closed, GBP/JPY started with selling pressure. It dropped from 192.75 yen to 190.08 yen during the London market. However, in the New York …
[GBP/JPY] Expected Rate Cuts in Fiscal Year 2025
Last year, the GBP/JPY showed steady movement, starting around 184 yen, rising to the low 208 yen range, then dropping to around 180 yen before recovering to 200 yen. However, …
[GBP/JPY] Five Consecutive Days of Gains
On December 19, the Bank of England (BOE) decided not to lower interest rates during its meeting. As a result, GBP/JPY rose for the fifth day in a row. It …
[GBP/JPY] UK GDP
Yesterday, the UK GDP for the July-September period was announced at 1.9%, which was lower than the expected 1.0%. However, there was no noticeable market reaction. At last week’s Bank …
[GBP/JPY] Bank of England (BOE) and Bank of Japan (BOJ)
The FOMC meeting had a hawkish tone, leading to a broad rise in the dollar. At the same time, New York stock prices dropped sharply, causing risk-averse yen buying. As …
[GBP/JPY] BOE Rate Cut
Last week, GBP/JPY reached a nearly three-month high of 199.80 after Chancellor Reeves announced a £40 billion tax increase, higher insurance premiums, and an upward adjustment to the inflation target. …