GBP/JPY-Commentary

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September 27, 2024

JPY flows: JPY rises sharply in early Europe
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September 27, 2024 6:56 AM UTC

USD/JPY falls 3 big figures in early Europe. Wires are attributing the move to the result of the Japanese LDP leadership election, although it looks like a move that might have been triggered by intervention. Either way, it breaks the JPY downtrend of the last two weeks, but further action may be ne

September 26, 2024

JPY, CHF, GBP flows: JPY weakness getting stretched
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September 26, 2024 11:46 AM UTC

JPY weakness has extended again today, but recent run of losses is getting overdone

September 20, 2024

JPY flows: JPY weakens on Ueda comments
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September 20, 2024 7:12 AM UTC

USD/JPY has risen a figure in response to the Ueda press conference. While Ueda retained his longer temr hawkish stance, his comments suggested there was no hurry to raise rates

July 24, 2024

JPY flows: JPY rally continues as risky assets soften
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July 24, 2024 7:05 AM UTC

JPY up, riskier currencies down as equities and commodities fall back

July 19, 2024

GBP flows: GBP modestly weaker after retail sales
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July 19, 2024 6:28 AM UTC

GBP slips a little lower after weaker retail sales. EUR/GBP downside looks limited

July 11, 2024

JPY flows: Extreme JPY weakness; what can turn it?
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July 11, 2024 10:53 AM UTC

The JPY is at record weak levels and continued to make new lows despite narrowing yield spreads and FX intervention. Will the trend ever turn? Risk aversion looks liek the most likely candidate to trigger a recovery which could be huge when it comes

July 03, 2024

JPY flows: More new lows, levels are extreme
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July 3, 2024 7:14 AM UTC

JPY declines continue with no BoJ opposition

July 02, 2024

JPY flows: More new lows, but getting overdone?
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July 2, 2024 7:04 AM UTC

JPY hits another new low, Japanese authorities still inactive.

July 01, 2024

JPY flows: More new lows, but getting overdone?
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July 1, 2024 11:15 AM UTC

JPY hits another new low but positioning looking a little extended

June 18, 2024

JPY flows: JPY weakness extends toward key levels
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June 18, 2024 8:30 AM UTC

USD/JPY testing the retracement levels close to 158.30. Intervention risk rising

April 25, 2024

GBP flows: GBP benefiting from risk positive tone
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April 25, 2024 9:16 AM UTC

GBP rising this morning in general risk positive market. BHP-Anglo takeover deal unlikely to be relevant

February 22, 2024

EUR,GBP flows: EUR and GBP supported after PMIs
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February 22, 2024 9:42 AM UTC

Stronger European PMIs sustain risk positive tone

USD, JPY flows: USD and JPY weaker as equities strengthen
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February 22, 2024 7:51 AM UTC

More new multi-year JPY lows on the crosses overnight as equity markets continue to rise