SupperTrading-FX

12/06 - GBPJPY today

SupperTrading-FX Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
The UK's growth is causing mixed concerns, but sellers are not being affected as Bank of Japan officials continue to defend their easy money policy.
Bond markets anticipate strong selling pressure before the central bank's decision.
Despite the downbeat Japan PPI, there is still a bullish bias leading up to the UK employment data and the Bank of Japan's monetary policy meeting.
Comment:
Today, there are no significant updates on the economic front. Therefore, the market's direction will be influenced by the release of political and economic news.
Comment:
Treasury yields rise as investors anticipate key inflation data, Fed policy meeting
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