GBP/JPY Exchange Rate Today, Forecast & News

GBP/JPY
British Pound - Japanese Yen
Open
194.462+1.00500 (+0.52%)
As of: Apr 26, 2024 03:14 UTC
Open
193.458
High
195.221
Low
193.458

Stats

Prev. Close

193.457

Open

193.458

Day's Range

193.458 - 195.221

52 Week Range

166.238 - 195.221

YTD Change

8.10%

1 Year Change

17.15%

Economic CalendarAll Events

Time zone: GMT

Thursday, April 25th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
10:00	GBP	CBI Distributive TradesApr	Medium	-44	-2	2
23:01	GBP	Gfk Consumer ConfidenceApr	Medium	-19	-20	-21

Friday, April 26th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
03:00	JPY	BoJ Interest Rate Decision	High		0.1%	0%
03:00	JPY	BoJ Quarterly Outlook Report	Medium

Monday, April 29th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
23:30	JPY	Unemployment RateMar	Medium		2.40%	2.6%
23:50	JPY	Industrial Production MoM PrelMar	Medium		-0.1%	-0.6%
23:50	JPY	Retail Sales YoYMar	Medium		2.8%	4.6%

GBP/JPY

The major cross-pairing is nicknamed "the dragon" and is considered to be a barometer of the global economy. In periods of economic and market stress expect downward pressure to be exhibited. As a safe haven currency, the Yen finds support in perids of political and economic uncertainty. Energy prices are also a driving force, with Japan a heavy importer of both crude oil and natural gas. The dragon is the equal 7th most liquid pairing, accounting for 4% of total transaction volume in the FX market.

	Japan		United Kingdom
Interest Rate	0% Mar 24		5.25% Mar 24
Inflation Rate	2.7% Mar 24		3.2% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	A1Stable	A+Stable	Aa3Stable	AAStable