Bullish sentiment helps propel Pound-Yen to 0.22% gain

Yesterday at a glance: Pound-Yen went up to 164.16 yesterday, gaining 0.22%.

At the same time, United Kingdom CFTC GBP speculative net positions released yesterday at 20:30 UTC with a figure of -14,800, while the previous figure was -24,100. Japan CFTC JPY speculative net positions released yesterday at 20:30 UTC with a figure of -57,000, while the previous figure was -54,000.

Other currencies are also rising as USD/JPY is trading around 132.15 after ending yesterday's session at 131.69 (up 0.35% today). EUR/JPY is trading around 144.13 after ending yesterday's session at 143.75 (up 0.27% today).

At the same time, EUR/NZD lost 0.36% yesterday and closed at 1.7482.

Elsewhere, Japan Current Account n.s.a. (Feb) scheduled to come out tomorrow at 23:50 UTC. Japan Adjusted Current Account (Feb) will be released tomorrow at 23:50 UTC. Japan Adjusted Current Account is scheduled for tomorrow at 23:50 UTC.

The currency pair has been trending positively for about 2 months. As things stand, Pound-Yen is 13.27% away from a significant low of 144.6 first set 5 months ago.