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April 29, 2023GBP/JPY leapt up to 170 (2.39%) — now trading at 171.14.
At the same time, United Kingdom CFTC GBP speculative net positions released yesterday at 20:30 UTC with a figure of 5,800, while the previous figure was 1,300. Japan CFTC JPY speculative net positions released yesterday at 20:30 UTC with a figure of -68,700, while the previous figure was -56,900. Japan Interest Rate came out at -0.1, while a consensus of analysts was expecting -0.1.
Other currencies are also rising as USD/JPY went up by 1.8% yesterday, and closed at 136.31. EUR/JPY went up by 1.69% yesterday, and closed at 150.08.
While Pound-Yen is up today, these currencies are lagging behind: EUR/NZD is down to 1.7822, losing 111 pips, after ending the previous session around 1.7933.
The currency pair has been trending positively for about 2 months. After setting a supportive marker at 144.6 around 6 months ago, Pound-Yen is now trading 15.59% higher.
