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Yen Exchange Rate News

Latest 10 news items tagged Yen Exchange Rate from our financial blog...

British Pound to Japanese Yen Exchange Rate Nears Monthly Best as Risk-Sentiment Returns Published: 19 Feb at 4 PM 2020
Despite the Pound tumbling against most major currencies today, the British Pound to Japanese Yen (GBP/JPY) exchange rate continued to climb. While the pair has struggled to hold its best levels, investors are selling safe haven currencies like the Japanese Yen due to coronavirus developments and this is making it easier for the pair to avoid losses. Following last week’s solid GBP/JPY advance from 141.43 to 143.23, GBP/JPY is continuing to advance this week. GBP/JPY briefly dipped on Monday, but since then has been advancing...
Pound Australian (GBP/AUD) Exchange Rate Steadies as Risk-Appetite Returns Ahead of G20 Summit Published: 27 Jun at 2 PM 2019
The Pound Australian Dollar (GBP/AUD) held steady today as ‘Aussie’ traders have been buoyed with a risk-on attitude ahead of tomorrow’s G20 summit in Japan. This came following comments from the US Treasury Secretary, Steven Mnuchin, who said yesterday: ‘We were about 90% of the way there [with a deal] and I think there’s a path to complete this.’ As China is Australia’s closest trading partner, optimism over a US-China trade deal has encouraged traders to invest in the risk-correlated ‘Aussie’. Doubts...
British Pound to Japanese Yen Exchange Rate Slips as Irish Border Brexit Issue Persists Published: 22 Oct at 4 PM 2018
The Japanese Yen has seen mixed demand in recent weeks as risk-sentiment rises and safe haven currencies weaken. Despite this though, the British Pound to Japanese Yen (GBP/JPY) exchange rate has been weakening due to Brexit jitters. While GBP/JPY recovered from last week’s low of 145.89, the pair still slipped from 147.55 to 147.04 throughout the week. On Monday, GBP/JPY slumped once again due to Brexit jitters and trended near the level of 146.23 at the time of writing. Demand for the Pound was limited on Monday morning, despite...
British Pound to Japanese Yen Exchange Rate Climbs as US-China Trade Escalations Fail to Spook Markets Published: 18 Sep at 4 PM 2018
Thanks to fading fears that a ‘no-deal Brexit’ is likely, as well as higher market appeal for taking risks, the British Pound to Japanese Yen (GBP/JPY) exchange rate has continued to rally this week so far. The Pound could be in for even further gains later in the week if there are notable Brexit developments. Last week saw GBP/JPY make a significant jump from 143.41 to 146.42, and this week has already seen the pair gain yet another Yen. At the time of writing on Tuesday afternoon, GBP/JPY was trending near a two month high of...
British Pound to Japanese Yen Exchange Rate Sheds Last Week?s Gains on Brexit Jitters and ?Safe Haven? Demand Published: 4 Sep at 3 PM 2018
Hopes for a more optimistic Brexit outlook briefly cause a surge in demand for the British Pound to Japanese Yen (GBP/JPY) exchange rate last week. However, due to fresh uncertainties and another market rush for ‘safe haven’ currencies, GBP/JPY has already shed last week’s gains. Last week saw GBP/JPY open at the level of 142.84, and the pair climbed for most of the week. On Thursday, GBP/JPY briefly touched on a 3-week-high of 145.61, but ultimately ended the week nearer 143/84. This week so far GBP/JPY has continued to slide...
British Pound to Japanese Yen Exchange Rate Hits Fortnight Low as Japanese Exports Beat Forecasts Published: 18 Jun at 1 PM 2018
Mixed risk-sentiment and UK economic data have caused fluctuations in the British Pound to Japanese Yen (GBP/JPY) exchange rate in recent weeks, but as trade jitters worsen and Britain’s economic outlook becomes murkier there could be losses ahead. Last week saw GBP/JPY fluctuating broadly. The pair opened the week at 146.80 and closed at 146.95, but throughout the week fluctuated between lows of 146.31 and highs of 146.94. When markets opened on Monday, GBP/JPY tumbled and hit its lowest level in over two weeks – 146.20. Demand...
EUR USD Exchange Rate Rallies as Eurozone GDP Impresses Published: 30 Jan at 3 PM 2018
The EUR/USD exchange rate rallied hard during the European session of Tuesday as markets reacted to the Eurozone’s latest GDP figures. <h2>Euro (EUR) Bolstered by Upbeat GDP Figures</h2> The Euro made strong gains in early trading this morning as the Eurozone publishes its preliminary GDP reading for the fourth quarter. According to data published by European statistics agency, Eurostat, the Eurozone economy expanded by a healthy 0.6% in the last three months of 2017. While this was down from an upwardly revised...
Strong Confidence Stats Push Euro to US Dollar (EUR/USD) Exchange Rate Up Published: 23 Jan at 4 PM 2018
Forecast-Beating Eurozone Confidence Growth Increases Euro to US Dollar Demand The Euro has risen by 0.4% against the US Dollar today, following the release of data that shows growing economic confidence across the Eurozone. Initial ZEW economic sentiment figures have shown higher-than-forecast confidence index readings for Germany and the Eurozone. The German data was particularly supportive, given that politically speaking, Germany remains in limbo due to ongoing coalition talks. More recently, a Eurozone-wide consumer...
US Dollar to Japanese Yen Exchange Rate Sheds 2 Yen Following Bank of Japan?s Latest Actions Published: 15 Jan at 5 PM 2018
Despite recent strong US inflation data, the US Dollar to Japanese Yen exchange rate has fallen since last week. Investors have been digesting the latest Bank of Japan (BoJ) news, as the bank trimmed back on its purchases of long-term Japanese government bonds. After opening last week at the level of 113.03, USD/JPY tumbled by over two Yen and ended the week at the level of 110.99. On Monday, USD/JPY continued to fall and tested a low of 110.53 – the pair’s lowest level in four months. The US Dollar (USD) saw some support last...
Fears over ?No Deal? Brexit Leave Pound Exchange Rates Lower Published: 10 Jan at 3 PM 2018
Pound Sterling (GBP) The Pound has failed to advance against the Euro or US Dollar on Wednesday’s trading session, due to persistent concerns about Brexit and Theresa May’s ability to govern. Mrs May has come under fire for failing to implement significant change during a recent cabinet reshuffle, which has led some to question how much authority she actually wields. Although Brexit talks haven’t fully resumed this year, the usual worrying warnings are still circulating about how economically catastrophic a ‘no deal’...