GBP/JPY slides down from 161.44 to 160.88 today, losing 56 pips (0.35%).
Meanwhile, Japan Tokyo Core CPI (YoY) (Jan) came out at 4.3, while a consensus of analysts was expecting 4.2. Japan CPI Tokyo Ex Food and Energy (MoM) (Jan) released yesterday at 23:30 UTC with a figure of 0.1, while the previous figure was 0.1. Fresh Labour Productivity (Q3) data from United Kingdom came out at 0.9.
In the meantime, negative performances are also seen in other pairs as EUR/JPY is down to 141.27, losing 45 pips, after closing at 141.73 in the preceding trading session. After ending yesterday's session at 1.9114, GBP/NZD lost 48 pips and is trading around 1.9066.
Though Pound-Yen has been dropping, other pairs have been performing better: USD/CHF rises 0.22% to trade around 0.9218.
Furthermore, Japan CFTC JPY speculative net positions scheduled to come out today at 20:30 UTC. United Kingdom CFTC GBP speculative net positions will be released today at 20:30 UTC.
This year has been a bright one for Pound-Yen after trading as low as 144.6 and going on to appreciate by 2.71% year to date.