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$GBPJPY -2.1% today — what's driving it?
$GBPJPY is moving hard: -2.06% on the day, now at 210.384.
Day range: 209.564 – 212.976.
Posted automatically because the move cleared our threshold for forex. What's your read?
1 comments · 16 points
1 Comments
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JPY strength isn't surprising given recent BOJ comments about rate hikes, but a 2% move in one day on GBPJPY is still significant. Is there any specific news out of the UK today, or is it purely a JPY-driven move?