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June 17, 2023Thursday ended at 179.29; during yesterday's session GBP/JPY rallied above 182.04 for the first time in 7 years, gaining 264 pips and closing at 181.94.
At the same time, Japan CFTC JPY speculative net positions released yesterday at 20:30 UTC with a figure of -104,000, while the previous figure was -104,800. United Kingdom CFTC GBP speculative net positions released yesterday at 20:30 UTC with a figure of 6,700, while the previous figure was 12,500. Japan Interest Rate came out at -0.1, while a consensus of analysts was expecting -0.1.
Other currencies are also rising as notably, USD/JPY rose 1.15% yesterday and closed at 140.26. EUR/JPY is trading around 155.24 after ending yesterday's session at 153.5 (up 1.14% today). GBP/NZD goes up 0.3% yesterday and closed at 2.0492.
The currency pair has been trending positively for about a month. Pound-Yen now trading 10.48% above its 3-month low of 144.6.
