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March 01, 2023GBP/JPY recovering almost all the way back to 163.89 today, after dipping down to 162.84.
Pound-Yen is currently trading at 163.06 following the release of BoE Gov Bailey speech data from the United Kingdom.
Meanwhile, United Kingdom Manufacturing PMI released today at 09:30 UTC with a figure of 49.3, while the previous figure was 49.2. United Kingdom Nationwide HPI (MoM) (Feb) came out at -0.5, while a consensus of analysts was expecting -0.4. United Kingdom Nationwide HPI (YoY) (Feb) came out at -1.1.
In the meantime, negative performances are seen in other pairs, GBP/NZD is down to 1.9225, losing 217 pips, after closing at 1.9443 in the preceding trading session. USD/SGD falls 0.54% to trade around 1.34.
Positive performances can be seen by looking at other currencies as NZD/USD gained 1.3% and is now trading at 0.6267.
Furthermore, Japan Capital Spending (YoY) (Q4) will be released today at 23:50 UTC. Japan Tokyo Core CPI (YoY) (Feb) scheduled to come out tomorrow at 23:30 UTC. Japan Jobs/applications ratio (Jan) is expected tomorrow at 23:30 UTC.
Having established significant support at 144.6 approximately 4 months ago, Pound-Yen's share price has bounced 13.34% higher.
