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GBPJPY
GBP/JPY is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016). Use the GBP/JPY chart to follow its live rate and to assist your technical analysis when trading this pair. For the latest GBP/JPY news and Pound - Yen forecast, follow our expert articles.
Today's forex news: The Bank of England steps in after pound hits record low
EUUSD 🔽 GBP/USD 🔽 AUD/USD 🔽 USD/CAD 🔼 USD/JPY 🔼 XAU 🔽 WTI 🔽 https://preview.redd.it/280f3eo6pbq91.jpg?width=1081&format=pjpg&auto=webp&s=a6d0ce6043720c74d4341062f54815925894a9ed The UK’s “mini-budget“ with numerous tax cuts proved to be disastrous to the British Pound, as the GBP/USD fell to a record low. The currency pair briefly went below 1.0500, closed at 1.0684, and currently recovered to 1.0750. The Bank of England has swiftly responded by closely monitoring the market, and will adjust interest rates to control price levels while its currency weakens. Other major currencies too suffered from a strong greenback and recession fears, EUUSD was last traded at 0.9606 with a low of 0.9585, and the Aussie/Dollar pair suffered fewer losses at 0.6454. USD/CAD returned from 1.3797 to 1.3732, gaining 137 pips. The Bank of Japan’s latest intervention did not stop USD/JPY from rising almost 130 pips, which closed at a high of 144.75. After declining to $1,622.53, gold prices just bounced back from $1,621.81 an ounce. WTI oil futures spiked to $80.00 but slid to a closing price of $76.71 a barrel afterward, citing potential supply disruptions from a brewing hurricane on the US southeastern coast. In the stock market, the slump in major US indices has slowed down, with Dow Jones losing the most at -1.11% to 29,260. A scheduled return of Chinese tour groups has cheered the entertainment sector, especially resorts and casinos, Melco Resorts & Entertainment Ltd (MLCO) jumped to 7.0696, gaining over 25% in the process. 📱 Get instant market news delivered to you in real-time→ https://mytd.cc/1NG Mitrade has appeared on Yahoo Finance, Bloomberg, MarketWatch, Nasdaq and more. For more details: https://www.mitrade.com/about-us/media Our awards: https://www.mitrade.com/about-us/awards Follow Mitrade's other social channels: Twitter: u/MitradeOfficial Instagram: u/mitrade_official *Not Personal Advice. All trading involves risks. This information is not intended for distribution where it is contrary to local regulation.
Today's forex news: UK borrowing plans sends the pound tumbling
EUUSD 🔽 GBP/USD 🔽 AUD/USD 🔽 USD/CAD 🔼 XAU 🔽 WTI 🔽 https://preview.redd.it/y4fuuiorn4q91.jpg?width=1081&format=pjpg&auto=webp&s=c0fba890688b544dfd7b20bc367385025c545586 The British government announced its plan in response to the economic challenges, it proposed massive tax cuts and increased borrowing following the 50 bps rate hike last week. GBP/USD then plunged over 400 pips, to a three-decade low of 1.0401, finally recovering to a closing price of 1.0856. Meanwhile, recession fears have also haunted other non-US major currencies, the Euro / Dollar pair declined further to 0.9600, before closing at 0.969 - a level not seen since 2002. Later this afternoon, the German GDP and Business Climate Index will be available, as the market expects the German GDP growth for the third quarter this year to remain at 0.1%. AUD/USD fell to 0.6527, losing more than 110 pips in the process. The greenback climbed to 1.3589 against the loonie, currently higher at 1.3613. Risk-off sentiment also suppressed global demand for commodities, gold was traded lower at $1,643.57 an ounce, and WTI crude futures slumped to an eight-month low at $78.74 a barrel. Fueled by a strong dollar, Both US stocks and crypto markets recorded considerable losses, S&P 500, Nasdaq 100, and the Dow all lost over 4%, and Bitcoin broke through the $19,000 level to $18,935.0. 📱 Get instant market news delivered to you in real-time→ https://mytd.cc/1NM Mitrade has appeared on Yahoo Finance, Bloomberg, MarketWatch, Nasdaq and more. For more details: https://www.mitrade.com/about-us/media Our awards: https://www.mitrade.com/about-us/awards Follow Mitrade's other social channels: Twitter: u/MitradeOfficial Instagram: u/mitrade_official *Not Personal Advice. All trading involves risks. This information is not intended for distribution where it is contrary to local regulation.
Today's forex news: Boris Johnson remains UK Prime Minister, Pound enjoyed a temporary boost
EUUSD ⬇️ GBP/USD ➡️ AUD/USD ⬇️ USD/CAD ⬇️ XAU ⬇️ WTI ➡️ The dust has settled in the British parliament, Boris Johnson survived the no-confidence vote to stay in office. Although Johnson kept his position, the general election results and recent events have indicated great resistance ahead of his remaining term. The British Pound briefly spiked above 1.257 and closed at 1.253 with minor gains, now on the downward path at 1.250. A series of the UK Purchasing Managers' Index related data will be available today (7 June) and tomorrow (8 June), including detailed figures on the service and construction sector. As the market awaits the interest rate decision from the European Central Bank on Thursday, GDP data for the Eurozone will be announced tomorrow, with forecasts expecting a 0.3% increase - same as the previous quarter. EUUSD fell from a high of 1.0750 to 1.0694, to which the actual interest rate change will bring greater volatility to the currency pair. On the other hand, investors foresee a 25 basis point rate hike for the Reserve Bank of Australia, to a total of 6.0%. With restrictions gradually lifting in various Chinese cities, the Australian economy should have a brighter prospect. Later today, the statement after the interest rate decision shall provide further insight from the Australian government. Meanwhile, AUD/USD declined to 0.7191, currently at 0.7161. USD/CAD experienced a V-Shaped Recovery - closing at 1.2575 after recovering from a low of 1.2541. The loonie didn't receive support from crude oil prices which traded flat at 118.5 per barrel yesterday, now meeting resistance at $120. The United States 10-Year Bond Yield returned to 3.0% and continued, almost reaching 3.05%. The news held gold prices back, gold futures were at 1,843.7 last night and kept falling. 📱 Get instant market news delivered to you in real-time→https://mytd.cc/1rHMitrade has appeared on Bloomberg, MarketWatch, Associated Press and more.For more details:https://www.mitrade.com/about-us/mediaOur awards:https://www.mitrade.com/about-us/awards =============👉 Follow Mitrade's other social channels:Twitter:u/MitradeOfficialInstagram:u/mitrade_official*Not Personal Advice. All trading involves risks. This information is not intended for distribution where it is contrary to local regulation.=============
These things breaking in Forex (Pound Sterling & Yen) could potentially create a narrative for crypto. Crypto is inherently outside of the system and while not immune to this volatility, having no say in financial alchemy of the traditional system is the entire point of Bitcoin and Ether. GLTA!!!
Sturgeon promises 'Scottish pound', no passports to visit England - but admits 'border arrangements' needed for trade if Scotland becomes independent | UK News
These things breaking in Forex (Pound Sterling & Yen) could potentially create a narrative for crypto. Crypto is inherently outside of the system and while not immune to this volatility, having no say in financial alchemy of the traditional system is the entire point of Bitcoin and Ether. GLTA!!!
These things breaking in Forex (Pound Sterling & Yen) could potentially create a narrative for crypto. Crypto is inherently outside of the system and while not immune to this volatility, having no say in financial alchemy of the traditional system is the entire point of Bitcoin and Ether. GLTA!!!
These things breaking in Forex (Pound Sterling & Yen) could potentially create a narrative for crypto. Crypto is inherently outside of the system and while not immune to this volatility, having no say in financial alchemy of the traditional system is the entire point of Bitcoin and Ether. GLTA!!!
BREAKING NEWS: "38 year old who doesn't want to take a normal job nearly destitute: Cries: 'I only had my 20 million pound inheritance left when I left the UK'"
"Harry and his 42 year old wife are sat in their cramped home. She decries: the neighbours have 24 bathrooms, and we have only 14. It's so rough, waking up in a subtropical climate in the world's sixth most affluent neighborhood and still not being able to have what other couples have (24 bathrooms). Harry add's: All we ever wanted was to live a normal life, just like everyone else. But I'm really worried for my childrens future. The 20 million pound inheritance we had when we fled the UK is all we had when we arrived here. All we wanted was to give our children a normal life. Instead, we have to explain to them why little McKaylah and little Jamison from across the street do have a yacht, when we are forced to spend our holidays in the Bahamas. Megan softly weeps and dries her tears on an Hermes blanket - I just can't believe it has come to this! We had so many dreams for our children and now... - she gestures across the cramped 200 square meter living room. We managed to get a few odd jobs since arriving, and have managed to scrimp together 88 million dollars, but how is one supposed to live off of that for any length of time with inflation numbers like this?! Harry put an arm over her shoulder and whispers sweetly: My love... Don't fret, think about the palm trees of providence..." Megan adds: If I would've been a 100% white, I surely wouldn't have had to put up with this nonsense. Harry's face tenses... "It's all just so unfair" he says. "When my brother dated my now sister in law, they were given none of the special treatment Megan has been given. Megan was given 14 staff, a fulltime security detail, an invite to Sandringham before we were engaged, offered to accompany the Queen... Square that with Kate who was chased by paparazzi whilst only a fresh grad without any support, no special invitations or even security." "Why hasn't Megan gotten the same treatment the rest of the family has gotten?!" Megan composes herself and says: "I just know other people don't have to suffer like this. Why were we dealt this hand in life?" "Having been born into a family where there's generational trauma and favoritism, uncles make bad jokes, and family members sometimes even die?!" "Who else has to deal with any of that?!". "When we first started dating, we were treated like rockstars." "Especially when I mentioned I was mixed race." - she leans in - "You know they celebrated in the streets of South Africa just like they did when Mandela was freed?". Harry smiles: "We were send on a semi royal tour of the country, the plebs paid for our weddings, Daddy bought us a cottage and everyone was cheering us on for being a fresh wind and the type of modern couple the family needed." Megan: "And then..." - She snaps her fingers - "stories began to leak about how I mistreated staff" Harry: "And how I threw a tantrum over a tiara that wasn't mine" "then shit really hit the fan when we belittled and insulted the British press every single time, for sticking to the agreements we had made with them". Megan: "Well... and that was the catalyst; all of a sudden we realized that the public and the royals had been mistreating us from day 1, and we had to flee, right H?" - She looks at Harry for confirmation whispers under her breath: "I call him H". Harry nods and says: "Yes, it was attrocious, all of a sudden some critical notes started to appear in the newspapers, I was beside myself." "How could I ever expect my family to live like that?" "Should we have just NOT read the newspapers anymore?!" "Or changed our behaviour?!". Harry rolls up the sleeves of his tailor made shirt and plays with his 15.000 dollar Rolex watch. He looks downtrodden: "And after everything we did for the UK as well... Megan spend hundreds of thousands of my Daddy's money on designer clothing." Megan stares at the noses of her Aquazzura pumps and squeezes his hand. "It's a knife in the kidneys!" - Harry yells out. Megan sits up and adds: "Remember, I even wrote messages of empowerment on banana's, what else could I have possibly done?!". The pair starts making gutteral sounds, when Archie interupts asking 'What's for dinner', his fathers face lights up briefly "I don't know my love, please ask nanny what the chef has prepared'. "He's become a real foodie" Megan whispers - "I'm just so devastated we aren't able to take him to Nobu every single night." "All every parents ever wants for their children is to see them happy, I honestly don't know how I can ever give him what he needs under these circumstances...". Harry poingently adds: "Let's not forget the sacrifises we have to make either Love". Megan nods her head and adds "No butler, it is so challenging...". Harry jumps up all of a sudden- visibly irritated and gesturing at Archie: "That's another thing! I just cannot believe my family did not break royal protocol to make Archie a prince." "Why the following of the rules now? When Megan was given all of these priviledges before?". "It's the unequality I just can't live with - How will we ever tell him he's not a prince? How can I possibly explain to him that his family decided to follow the law, and not break it so he can get the title he will need to succeed in life?" He sits down and puts his head in his hands: "How can he possibly ever live a fulfilling life without having his basic needs such as having a royal title met? - I'm only asking for the basics!" Megan wipes a tear from her cheek, wearing a decades old cartier watch, and second hand diamond engagement ring, a testament of the economic challenges the couples has had to endure "It's all just too much" Megan adds. "Lilibeth has never even worn a tiara yet, how will I explain that to her when she gets older?"."Are they treated worse, because they are whiter than I am?" "These are the questions that keep us up at night".
These things breaking in Forex (Pound Sterling & Yen) could potentially create a narrative for crypto. Crypto is inherently outside of the system and while not immune to this volatility, having no say in financial alchemy of the traditional system is the entire point of Bitcoin and Ether. GLTA!!!
These things breaking in Forex (Pound Sterling & Yen) could potentially create a narrative for crypto. Crypto is inherently outside of the system and while not immune to this volatility, having no say in financial alchemy of the traditional system is the entire point of Bitcoin and Ether. GLTA!!!
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