Continues to face selling pressure around 200.00
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GBP/JPY falls sharply to near 199.30 after upbeat Japan’s Q2 GDP data. The Japanese economy grew by 0.3%, faster than estimates of 0.1%. The BoE is expected to maintain its “gradual and careful” monetary easing outlook. The GBP/JPY pair slides 0.3% to near 199.30 during the Asian trading session on Friday. The cross faces a sharp selling pressure as the Japanese Yen (JPY) has strengthened, following the release of the surprisingly upbeat preliminary Q2 Japan’s Gross Domestic Product (GDP) data. Japanese Yen PRICE Today The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.13% -0.11% -0.54% -0.10% -0.15% -0.07% -0.15% EUR 0.13% 0.01% -0.33% 0.03% -0.05% 0.05% -0.02% GBP 0.11% -0.01% -0.34% 0.02% -0.06% 0.04% -0.03% JPY 0.54% 0.33% 0.34% 0.35% 0.30% 0.42% 0.28% CAD 0.10% -0.03% -0.02% -0.35% -0.00% 0.02% -0.05% AUD 0.15% 0.05% 0.06% -0.30% 0.00% 0.02% 0.02% NZD 0.07% -0.05% -0.04% -0.42% -0.02% -0.02% -0.07% CHF 0.15% 0.02% 0.03% -0.28% 0.05% -0.02% 0.07% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Japanese Yen from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent JPY (base)/USD (quote). Earlier in the day, the Japanese Cabinet Office reported that the GDP expanded by 0.3% after remaining flat in the previous quarter. Economists expected a moderate growth of 0.1%. On an annualized basis, the economy grew strongly by 1% after a GDP contraction of 0.2% in the previous quarter. Upbeat GDP data has increased…
Filed under: News - @ August 15, 2025 7:18 am