vimarsana.com

Page 16 - சர்வதேச பணம் பரிமாற்றம் வழங்குநர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Pound-Yen Rate Climbs Despite Japanese Currency s Resilience Against Other Currencies

While the Japanese Yen (JPY) exchange rates have been fairly resilient compared to other safe haven currencies, it is still falling against the Pound Sterling (GBP) this week as the British Pound to Japanese Yen (GBP/JPY) exchange rate sees a big rebound in demand. As there could be a Brexit deal any day now, the Pound is likely to keep seeing sudden sharp movements as volatility will persist until an outcome is clearer. Last week’s rise in no-deal Brexit fears knocked GBP/JPY from 139.98 to 137.57 throughout the week, meaning the pair lost a considerable two Yen. This week so far though, returning Brexit deal hopes have helped GBP/JPY to recover most of those weekly losses.

GBP USD Exchange Rate Outlook Improves On Signs Of Brexit Deal Progress

GBP USD Exchange Rate Outlook Improves On Signs Of Brexit Deal Progress GBP/USD Exchange Rate Jumps Near 1% as Markets Suspect Brexit Deal is Close Optimism over the prospect of a UK-EU trade agreement helped to drive the Pound to US Dollar (GBP/USD) exchange rate higher. Comments from Ireland’s Foreign Secretary Simon Coveney encouraged market hopes as he noted that there are signs of progress in talks since Sunday. With investors increasing their bets on the possibility of the two sides still reaching an agreement before the end of the Brexit transition period the appeal of the Pound naturally improved.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.