{"id":91696,"date":"2023-10-30T21:43:25","date_gmt":"2023-10-30T17:43:25","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=91696"},"modified":"2023-10-30T21:45:26","modified_gmt":"2023-10-30T17:45:26","slug":"gbp-jpy-falls-before-boj-rate-decision","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gbp-jpy-falls-before-boj-rate-decision\/10\/30\/market-updates\/","title":{"rendered":"GBP\/JPY falls before BoJ rate decision"},"content":{"rendered":"\n<p>The GBP\/JPY pair is falling further on Monday, having dropped from 182.00. The yen is strengthening ahead of Tuesday&#8217;s BoJ report. Low-impact UK data for Monday was largely negative, the final poor result before Thursday&#8217;s BoE.<br><br><br>The GBP\/JPY is currently trading at 181.00, and if traders of the pound sterling (GBP) are unable to find a reason to buy this week, further declines into the 180.00 handle are likely.<br><br>The Yen is steadily rising across the board, which has caused the Guppy to drop 1.5% from its peak of 183.75 last week. The JPY has been seeing a comeback recently after being crushed for the majority of 2023; the GBP\/JPY is down more than 3% from the pair&#8217;s eight-year high of 186.77 set in August.<br><br>Investor attention will be focused on the Bank of Japan&#8217;s (BoJ) interest rate call, barring any notable deviations from the forecast figures. Early Tuesday brings a scattering of Japanese economic data, including Retail Sales and the Japanese Unemployment Rate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GBP\/JPY pair is falling further on Monday, having dropped from 182.00. The yen is strengthening ahead of Tuesday&#8217;s BoJ report. Low-impact UK data for Monday was largely negative, the final poor result before Thursday&#8217;s BoE.The GBP\/JPY is currently trading at 181.00, and if traders of the pound sterling (GBP) are unable to find a &hellip;<\/p>\n","protected":false},"author":13,"featured_media":74804,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7907,8608,8538],"class_list":["post-91696","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-boj","tag-gbp-jpy","tag-unemployment-rate"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=91696"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91696\/revisions"}],"predecessor-version":[{"id":91702,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/91696\/revisions\/91702"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/74804"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=91696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=91696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=91696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}