Back

GBP/JPY consolidates above 187.00

FXStreet (Córdoba) - The pound retreated against the yen during the last hours but managed to hold above 187.00. Earlier the GBP/JPY pair rose to 187.78, reaching the highest price since December 12 but then pulled back.

Recently the pair bottomed at 187.11 and bounced toward 187.50, but failed so far to break above and it was trading slightly above the price it had at the beginning of the day.

During the last hours USD/JPY managed to climbed from 120.20 to 120.50 but the GBP/JPY failed to rise as the pound weakened across the board.

EUR/USD remains on track to retest 1.2047 level – TDS

Shaun Osborne and Martin Schwerdtfeger, FX Strategists at TD Securities, believe EUR/USD remains on track to retest the mid-2012 low of 1.2047 in early 2015, noting the policy divergence between Eurozone and US to keep EUR weak.
Devamını oku Previous

USD/JPY consolidating – Scotiabank

Eric Theoret, CFA, CMT, Currency Strategist at Scotiabank, notes that USD/JPY is consolidating within a narrow range, having retraced early gains driven by risk aversion offsetting fundamentals.
Devamını oku Next