GBP/JPY drops from 163.34 to 162.96, losing 37 pips (0.23%) today.
Amid the market gloom, United Kingdom Composite PMI came out at 53, while a consensus of analysts was expecting 49. United Kingdom Manufacturing PMI released yesterday at 09:30 UTC with a figure of 49.2, while the previous figure was 47. United Kingdom CBI Industrial Trends Orders came out at -16, while a consensus of analysts was expecting -14.
In the meantime, negative performances are seen in other pairs, after ending yesterday's session at 1.7129, EUR/NZD lost 73 pips and is trading around 1.7056. After ending yesterday's session at 1.9472, GBP/NZD lost 64 pips and is trading around 1.9408. EUR/JPY is down 43 pips from the beginning of the session and now trades around 143.23.
Furthermore, Japan National Core CPI (YoY) (Jan) is scheduled for tomorrow at 23:30 UTC. United Kingdom BoE MPC Member Mann is scheduled tomorrow at 09:30 UTC. United Kingdom BoE MPC Member Cunliffe speech set for tomorrow at 10:45 UTC.
After setting a supportive marker at 144.6 around 4 months ago, Pound-Yen is now trading 12.95% above this level.