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May 06, 2023A quick look at yesterday: GBP/JPY spiked to 170.3, gaining 158 pips.
On the flip side, United Kingdom Construction PMI beat the 51 projections, with 51.1.
At the same time, Japan CFTC JPY speculative net positions released yesterday at 20:30 UTC with a figure of -68,300, while the previous figure was -68,700. United Kingdom CFTC GBP speculative net positions released yesterday at 20:30 UTC with a figure of 1,100, while the previous figure was 5,800.
At the same time, EUR/CAD tumbles 1.14% yesterday and closed at 1.4907. USD/CAD drops 1.22% yesterday and closed at 1.354. After ending yesterday's session at 1.702, GBP/CAD lost 125 pips and is trading around 1.6894.
Pound-Yen is now trading 1.73% away from its significant high of 171.69 first tested 5 days ago.
