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March 15, 2023GBP/JPY is down to 160.84, after ending yesterday at 163.12. Overall, a 1.39% loss or 227 pips today.
In the meantime, negative performances are seen in other pairs, EUR/JPY is down to 141.17, losing 284 pips, after closing at 144.02 in the preceding trading session. EUR/USD closed at 1.0586 (down 1.38%).
Though Pound-Yen has been dropping, other pairs have been performing better: USD/CHF gained 1.67% and is now trading at 0.9286.
Furthermore, Japan Exports is projected to outperform its last figure with 7.1%. It previously stood at 3.5%; data will be released today at 23:50 UTC. Japan Trade Balance (Feb) is scheduled for today at 23:50 UTC. Japan Industrial Production is expected tomorrow at 04:30 UTC.
The currency pair has been trending positively for about a month. As things stand, Pound-Yen is 12.8% away from a significant low of 144.6 first set 5 months ago.
