An increase of the indicator value may contribute to the rise in quotes of JPY.
GBPJPY
British pound / Japanese yen
Indicators
Chart
News GBPJPY
No change of the indicator value may reduce the volatility of the related markets.
Bloomberg says that the Bank of Japan’s unrealized losses on government bonds hit a record high. Losses from government debt holdings tripled from a year earlier and totalled 28.6 trillion yen ($198 billion) at the end of fiscal 2024, according to the regulator’s report.
The Confederation of British Industry (CBI) reports that business confidence in the country's service sector has dropped to its lowest level in 2.5 years. The business sentiment index fell to -43% in May, down from -28% in February.
On Tuesday, the pound edged lower against the dollar. Nevertheless, the British currency held near the three-year high it reached on Monday, as relatively upbeat economic data lifted market sentiment, Reuters reports.
Event announcement GBPJPY
The JPY publication has been released
Retail Sales (YoY)
3.3%
+0.2%-0.423 (5h. 3m.)
Opposite
Up
The JPY publication is expected
Manufacturing PMI
49
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GBPJPY economy
United Kingdom
Japan
Central Bank interest rate
Gross domestic product
Unemployment rate
Retail sales
Trade balance
Inflation
Business confidence