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GBPDJF

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    235.8227$
  • Previous Close
    236.4838$
  • 52 Week Change
    --
  • Day Range
    -0.66$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GBPDJF.FOREX represents the British Pound Sterling (GBP) against the Japanese Yen (JPY) in the foreign exchange market. It indicates the exchange rate, specifically how many Japanese Yen are needed to purchase one British Pound. This currency pair is considered a cross-currency pair as it doesn't involve the US Dollar. Its price fluctuates based on various economic factors affecting both the UK and Japan, including interest rates, inflation, trade balances, and political events. Traders speculate on the future direction of this exchange rate to profit from its price movements.
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Factors

Interest Rates: Differentials between the Bank of England and the Bank of Japan significantly impact GBP/JPY.

Economic Data: UK and Japanese economic releases like GDP, inflation, and employment affect currency valuation.

Political Stability: Political events in the UK and Japan, such as elections or referendums, can create volatility.

Risk Sentiment: GBP/JPY is sensitive to global risk appetite; risk-on favors GBP, risk-off favors JPY.

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