Strong Japanese Yen, take advantage now
With Sterling so weak, and the Japanese Yen so strong, it´s not surprising that GBP to JPY has seen some spectacular moves.
At one point yesterday it touched 139.75, making a fall of nearly 7 percent in a week! It has since bounced back up to 142.00.
The Bank of England Governor, Mervyn King, has made it clear in the press and by other public statements that he wants the Pound Sterling to move lower.
Economic releases today include August mortgage approvals at 09.30 BST and from the US we are expecting the July housing index at 15.00 BST.
Buy or sell Japanese Yen, JPY, at the best rates here with NO COMMISSION, and NO Transfer Charges.
