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March 02, 2023
Pound-Yen trades at 163.82 after gaining 18 pips (0.11%).
At the same time, United Kingdom Manufacturing PMI released yesterday at 09:30 UTC with a figure of 49.3, while the previous figure was 49.2. Fresh 10-Year JGB Auction data from Japan came out at 0.5. Japan Capital Spending (YoY) (Q4) came out at 7.7, while a consensus of analysts was expecting 6.9.
Other currencies are also rising as USD/SGD is up 0.32%. Having closed the previous session at 136.12, USD/JPY is up 0.4% today to currently trade at around 136.66. Having closed the previous session at 0.9393, USD/CHF is up 0.34% today to currently trade at around 0.9425.
Also worthy of note, United Kingdom Composite PMI is expected tomorrow at 09:30 UTC. Japan Tokyo Core CPI (YoY) (Feb) is expected today at 23:30 UTC. Japan Jobs/applications ratio (Jan) is expected today at 23:30 UTC.
Pound-Yen is now trading 13.16% away from its significant low of 144.6 first tested 4 months ago.
