USD/JPY

Around 13.5% of daily trades. Known as “Gopher,” this pair is popular for its stability and low spreads, influenced by U.S. and Japanese monetary policies.

USD/JPY

Sterling Surges Despite BoE Rate Cut as Yen Dips After BoJ Hike

Despite the Bank of England’s first rate cut in over three years, the Pound Sterling strengthened, buoyed by positive economic data and cautious forward guidance. Meanwhile, the Bank of Japan’s modest rate hike failed to support the Yen, which weakened following the surprise move. #Forex #BoE #BoJ #GBP #JPY

Scroll to Top