GBP/JPY leapt up to 170 (2.18%) — now trading at 170.8.
Pound-Yen is currently trading at 170.8 following the release of BoJ Press Conference data from the Japan.
At the same time, Japan Interest Rate released today at 04:00 UTC with a figure of -0.1, while the previous figure was -0.1. Japan Industrial Production released yesterday at 23:50 UTC is better than expected at 0.8% but down from preceding data of 4.6% according to new data. Data for Japan Retail Sales released yesterday at 23:50 UTC is better than expected with 7.2%, but worse than previous figure of 7.3%.
Elsewhere, other currency pairs are also gaining ground as having closed the previous session at 133.89, USD/JPY is up 1.85% today to currently trade at around 136.38. EUR/JPY skyrockets 1.75% to trade around 150.18.
While Pound-Yen is up today, these currencies are lagging behind: after ending yesterday's session at 1.7933, EUR/NZD lost 85 pips and is trading around 1.7848.
Furthermore, the market is looking at Japan Interest Rate is expected today at 16:55 UTC. United Kingdom CFTC GBP speculative net positions scheduled to come out today at 20:30 UTC. Japan CFTC JPY speculative net positions will be released today at 20:30 UTC.
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.