[GBP/JPY] Bank of England (BOE) May Cut Rates Again
During Tokyo trading hours, U.S. Treasury Secretary Bessent said that trade talks with China would begin on the 10th. After this news, the pound-yen rose from the low 190 yen …
[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 …