Tag Archives: yen

The Bank of Japan decided at its monetary policy meeting held today, by a majority vote, to fix negative interest rates at -0.1% on current accounts held by financial institutions with the bank in the short term. The bank also decided to control long-term interest rates, by purchasing the required …

The Bank of Japan is expected to keep fiscal policy settings steady on Thursday and to contain inflation to stay below its 2% target for at least two more years.The BoJ is widely expected to leave its stimulus unchanged amid further delay in the economic recovery from the pandemic, only …

Mixed trading dominated the pound’s movements against the Japanese yen within a bullish context that is close to achieving our required target of around 157.90, recording the highest level at 157.80. On the technical side today, the price is witnessing stability below the 157.60 level, and we notice the negative …

GBP/JPY failed to achieve the expected negative outlook during the previous analysis and started reversing the expected bearish tendency to a bullish direction and hovering around its highest level during the early trading of the current session 156.80. On the technical side, with the return of the intraday stability above …

Negative trades dominated the GBP/JPY, within the bearish correction as expected, touching our target at 156.00, recording the lowest level at 155.93. Technically, we tend to be negative, relying on trading below 156.50 level, accompanied by the RSI gaining more bearish momentum over the short time frames. Therefore, we are …

Negative trading dominated the movements of the pound sterling against its Japanese counterpart within the expected bearish path during the previous analysis, touching the awaited target 157.30, recording its lowest level in the last session’s trading session, 156.78. On the technical side today, and by looking at the 60-minute chart, …

The pair hit the strong resistance mentioned in yesterday’s analysis at 158.20, which we mentioned as an essential condition to complete the bullish trend, pushing the pair to trade negatively again at 157.40. Technically, the bullish trend is still valid and effective. Still, with a closer look at the 60-minute …

The British pound continued to rise against its Japanese counterpart, within the positive outlook, as we expected, touching the target of 158.20, posting a high of 158.20. Today’s technical aspect indicates the possibility of continuing the rise due to building on 157.30 support floor, accompanied by the positive motive for …

Positive trading continues to dominate the movements of GBP/JPY within the suggested bullish path, touching our second awaited target at 157.20, recording the highest level at 157.38. On the technical side, by looking at the 60-minute chart, we notice that the RSI continues to provide bullish momentum signals, in addition …

As we expected, the British pound achieved substantial gains against its Japanese counterpart, touching the official target during the previous trading session at 156.10, recording a high of 156.15. On the technical side, we maintain our positive outlook, relying on the pair’s continuation of obtaining a positive stimulus from the …