Back
19 Mar 2014
GBP/JPY hits fresh highs after FED
FXStreet (Córdoba) - The GBP/JPY broke above 169.10 after the FED’s decision and rose to 169.68 reaching a fresh daily high. From there bounced slightly to finish the day around 169.25 with a gain of around a hundred pips.
The Pound was the best performer among european currencies while the Yen plummeted across the board with the FED’s statement, pushing the GBP/JPY to the upside, despite falling stocks in Wall Street.
The pair recovered from Tuesday’s losses and is now up for the week, attempting to move away 167.70 where March lows lie.
The Pound was the best performer among european currencies while the Yen plummeted across the board with the FED’s statement, pushing the GBP/JPY to the upside, despite falling stocks in Wall Street.
The pair recovered from Tuesday’s losses and is now up for the week, attempting to move away 167.70 where March lows lie.