Analysis of GBP/JPY Exchange Rate – British Pound Strengthens Against the Japanese Yen
The British pound surged in value after the Bank of Japan announced its yield curve control policy and UK’s hot CPI numbers.
Day: January 18, 2023
Forecast for GBP/USD Exchange Rate – British Pound Strengthens on Wednesday
British pound strengthens on Wednesday, surpassing 1.23 level and potentially reaching 1.2450, with Federal Reserve’s monetary policy being a factor.
Record-Breaking Seaborne Oil Exports from Russia
Russia’s seaborne oil exports have hit a record high, with shipments from Baltic, Black Sea and Pacific ports all increasing. Urals oil is being sold at a discount, creating a potential risk due to sanctions.
USD/JPY: Dollar/Yen Climbs After Bank of Japan Maintains Ultra-Easy Policy
The Bank of Japan’s decision to maintain its yield curve control policy has resulted in a sharp decline in the Japanese Yen, and an increase in the value of the US Dollar.
Exploring the Factors Behind the Recent Movement of XPeng Shares
The stock prices of XPEV, a Chinese EV maker, have dropped by 5.61% due to China’s lower GDP growth rate and price reduction of up to 12.5% on its vehicle models.
