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GBP/JPY attracts heavy selling for the third straight day amid a combination of negative factors. Prospects for further BoJ interest rate hikes continue to underpin the JPY amid intervention fears. UK ...
The Japanese Yen is enjoying a stellar week, thanks in part to optimism around wage growth as well as rising rate cut optimism from the US Federal Reserve. The Yen rally has sparked talk of possible ...
GBP/JPY remains under some selling pressure for the second straight day on Wednesday. BoJ rate hike bets and safe-haven flows benefit the JPY, exerting pressure on the cross. The BoE’s hawkish outlook ...
GBP/JPY has been trading in a wide range since October 2024 after the pair breached the 208.00 level and retracted sharply on last July and August Carry Trades’ unwinding. Market Players recently got ...
The Japanese yen remains under close watch as several major pairs pause after recent volatility. While AUD/JPY and GBP/JPY show near-term signs of stabilisation, USD/JPY appears comparatively weaker, ...
UK inflation rises to a 6-month high of 2.3% in October, driven by services inflation. GBP/USD faces downside pressure but could rally if the daily candle closes above 1.2680. GBP/JPY shows mixed ...
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Japanese yen pairs remain at pivotal technical levels following Friday’s BOJ meeting, which delivered no fresh policy clues from Governor Ueda. USD/JPY continues to trade within its established range, ...