| 
June 01, 2023Pound-Yen trades at 173.79 after gaining 56 pips (0.32%).
Pound-Yen is currently trading at 173.79 following the release of Manufacturing PMI data from the United Kingdom.
Meanwhile, United Kingdom Manufacturing PMI came out at 47.1, while a consensus of analysts was expecting 46.9. United Kingdom Nationwide HPI (MoM) (May) released today at 06:00 UTC with a figure of -0.1, while the previous figure was 0.4. United Kingdom Nationwide HPI (YoY) (May) came out at -3.4.
A look at other currencies also shows bullish price action as USD/JPY is up 0.38%. EUR/JPY rises 0.34% to trade around 149.39. USD/SGD goes up 0.14% to trade around 1.3534.
Furthermore, the market is looking at United Kingdom CFTC GBP speculative net positions is expected tomorrow at 20:30 UTC. Japan CFTC JPY speculative net positions scheduled to come out tomorrow at 20:30 UTC.
Pound-Yen is now trading 0.32% away from its significant high of 173.79 first tested 4 days ago.
