UK GDP

Sterling: UK Budget Derails Bounce On Yen - 500+ Pips Slide

Thursday, March 13th, 2008

Sterling-Yen, GBP/JPY - one of the most volatile crosses in the forex trading calendar has seen a huge slide from yesterday’s Asian Market high of 207.98 to 202.96. This south-bound train was significantly aided by forex traders’ perception of UK Budget sematics.

GBP/JPY Slides 160pips On UK GDP Reports

Wednesday, February 27th, 2008

Pound-yen, GBP/JPY came down 160 pips on news GBP-JPY chart - Feb. 27, 2008of the UK Gross Domestic Product (GDP) report. The report came in at 0.6% this morning.

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