GBP/JPY News & Analysis

Live updates, breaking news, and economic events affecting the pound yen exchange rate. Last updated: 17 Mar 2026, 08:29 GMT

Current GBP/JPY Rate

211.8494

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📅 Upcoming Events (Next 7 Days)

Monetary Policy Statement HIGH IMPACT
19 Mar 2026, 02:30 GMT
BoJ Gov Ueda Speech HIGH IMPACT
19 Mar 2026, 02:30 GMT
BoJ Interest Rate Decision HIGH IMPACT
19 Mar 2026, 03:00 GMT | Forecast: 0.75%
Industrial Production MEDIUM IMPACT
19 Mar 2026, 04:30 GMT
BoJ Press Conference HIGH IMPACT
19 Mar 2026, 06:30 GMT
Inflation Rate HIGH IMPACT
23 Mar 2026, 23:30 GMT
Inflation Rate Ex-Food and Energy HIGH IMPACT
23 Mar 2026, 23:30 GMT
CPI HIGH IMPACT
23 Mar 2026, 23:30 GMT
Core Inflation Rate HIGH IMPACT
23 Mar 2026, 23:30 GMT
Services PMI HIGH IMPACT
24 Mar 2026, 00:30 GMT

⚡ High Impact News (Last 24 Hours)

ForexLive • 4h ago
Reserve Bank of Australia raise its cash rate by 25bps, as widely expectedBOJ’s Ueda says inflation rising toward 2% ahead of policy meeting - recapTanker struck near Strait of Hormuz as UK maritime agency warns shipsAustralian confidence hits pandemic low as inflation expectations surge before RBA hikeFed faces new inflation shock as Middle East war cuts rate-cut odds this year to 47%Japan officials signal vigilance on yields, fiscal policy and FX as yen weakness persistsPBOC sets USD/ CNY ce...
ForexLive • 5h ago
BOJ Governor Ueda reiterates inflation progress and wage growth focus ahead of policy meeting.Summary:Bank of Japan Governor Kazuo Ueda reiterated that underlying inflation is gradually accelerating toward the 2% target.He stressed that sustainable inflation must be supported by wage growth, reinforcing the BOJ’s long-standing policy condition.The comments came ahead of the BOJ’s two-day policy meeting ending Thursday, where rates are widely expected to remain unchanged at 0.75%.Ueda said wa...
ForexLive • 7h ago
BOJ Governor Ueda says inflation is gradually moving toward target ahead of the March 19 policy meeting.Bank of Japan Governor Kazuo Ueda told parliament that underlying inflation is gradually accelerating toward the BOJ’s 2% target.He reiterated the central bank will adjust policy as needed to achieve stable and durable inflation at the target level.Ueda said underlying inflation is expected to converge toward the 2% target between the second half of fiscal 2026 and fiscal 2027.The remarks co...
FXStreet Forex • 7h ago
Bank of Japan (BoJ) Governor Kazuo Ueda said on Tuesday that underlying inflation gradually accelerating toward our 2% target. Ueda added that central bank will guide monetary policy appropriately to stably and durably achieve the inflation target.  
ForexLive • 8h ago
The BOJ is expected to hold rates at 0.75% at its March 18/19 meeting as markets watch for signals on future tightening and bond purchases.Earlier:CBA says rising oil prices from Iran war could weaken yen via trade balanceSummary:The Bank of Japan is widely expected to keep its policy rate at 0.75% at the upcoming meeting on Wednesday, March 18 and Thursday March 19, 2026.The current rate level follows the December 2025 hike, which lifted borrowing costs to their highest level in roughly three d...

📰 Latest GBP/JPY News

FXStreet Forex • 17 Mar 2026, 06:05 GMT MEDIUM IMPACT
The GBP/JPY pair edges up to near 212.00 during the early European trading session on Tuesday.
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ForexLive • 17 Mar 2026, 03:54 GMT HIGH IMPACT
Reserve Bank of Australia raise its cash rate by 25bps, as widely expectedBOJ’s Ueda says inflation rising toward 2% ahead of policy meeting - recapTanker struck near Strait of Hormuz as UK maritime agency warns shipsAustralian confidence hits pandemic low as inflation expectations surge before RBA hikeFed faces new inflation shock as Middle East war cuts rate-cut odds this year to 47%Japan officials signal vigilance on yields, fiscal policy and FX as yen weakness persistsPBOC sets USD/ CNY ce...
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ForexLive • 17 Mar 2026, 02:58 GMT HIGH IMPACT
BOJ Governor Ueda reiterates inflation progress and wage growth focus ahead of policy meeting.Summary:Bank of Japan Governor Kazuo Ueda reiterated that underlying inflation is gradually accelerating toward the 2% target.He stressed that sustainable inflation must be supported by wage growth, reinforcing the BOJ’s long-standing policy condition.The comments came ahead of the BOJ’s two-day policy meeting ending Thursday, where rates are widely expected to remain unchanged at 0.75%.Ueda said wa...
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ForexLive • 17 Mar 2026, 01:19 GMT MEDIUM IMPACT
Japanese officials deliver coordinated policy remarks as markets watch for signs of support amid yen weakness.Summary:Japan’s Finance Minister Katayama and BOJ Governor Kazuo Ueda issued a series of remarks within minutes of each other, addressing fiscal policy, bond markets and currency dynamics.Katayama stressed that monetary policy tools, including BOJ bond purchases, remain the central bank’s responsibility, reinforcing institutional independence.He also rejected suggestions Japan is eff...
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ForexLive • 17 Mar 2026, 00:39 GMT HIGH IMPACT
BOJ Governor Ueda says inflation is gradually moving toward target ahead of the March 19 policy meeting.Bank of Japan Governor Kazuo Ueda told parliament that underlying inflation is gradually accelerating toward the BOJ’s 2% target.He reiterated the central bank will adjust policy as needed to achieve stable and durable inflation at the target level.Ueda said underlying inflation is expected to converge toward the 2% target between the second half of fiscal 2026 and fiscal 2027.The remarks co...
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FXStreet Forex • 17 Mar 2026, 00:38 GMT HIGH IMPACT
Bank of Japan (BoJ) Governor Kazuo Ueda said on Tuesday that underlying inflation gradually accelerating toward our 2% target. Ueda added that central bank will guide monetary policy appropriately to stably and durably achieve the inflation target.  
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ForexLive • 17 Mar 2026, 00:14 GMT HIGH IMPACT
The BOJ is expected to hold rates at 0.75% at its March 18/19 meeting as markets watch for signals on future tightening and bond purchases.Earlier:CBA says rising oil prices from Iran war could weaken yen via trade balanceSummary:The Bank of Japan is widely expected to keep its policy rate at 0.75% at the upcoming meeting on Wednesday, March 18 and Thursday March 19, 2026.The current rate level follows the December 2025 hike, which lifted borrowing costs to their highest level in roughly three d...
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FXStreet Forex • 16 Mar 2026, 15:03 GMT HIGH IMPACT
MUFG highlights that United Kingdom (UK) rate expectations have flipped from cuts to a possible hike as the energy shock lifts inflation risks, supporting recent Pound Sterling (GBP) outperformance versus European peers.
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FXStreet Forex • 16 Mar 2026, 11:54 GMT MEDIUM IMPACT
MUFG analysts Derek Halpenny and Lee Hardman observe that Japan has seen the smallest hawkish repricing among G10, with markets already pricing two Bank of Japan (BoJ) hikes but little additional tightening after the energy shock.
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FXStreet Forex • 16 Mar 2026, 11:36 GMT MEDIUM IMPACT
The Pound Sterling trades cautiously against its major currency peers, but 0.4% higher to near 1.3270 against the US Dollar (USD), during the European trading session on Monday.
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FXStreet Forex • 16 Mar 2026, 09:49 GMT MEDIUM IMPACT
Societe Generale economists highlight that Iran‑related energy fallout is pressuring households and growth, with limited fiscal space for large support.
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ForexLive • 16 Mar 2026, 09:38 GMT HIGH IMPACT
It will be a busy week for the FX market in terms of economic events, starting with Canadian inflation data on Monday. Tuesday, the highlight will be the RBA monetary policy announcement while the U.S. will publish pending home sales m/m data. Wednesday brings the BoC monetary policy announcement, the U.S. PPI m/m release and the highly anticipated FOMC meeting. New Zealand will also publish its GDP q/q data. Thursday will be particularly eventful with monetary policy announcements from the BoJ,...
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ForexLive • 15 Mar 2026, 22:34 GMT MEDIUM IMPACT
U.S. and Chinese officials held what 'sources' described as constructive talks in Paris to stabilise trade ties ahead of a planned Trump–Xi summit in Beijing.Summary:U.S. and Chinese officials held “candid and constructive” trade talks in Paris.Discussions focused on stabilising the bilateral trade relationship.China may consider increasing purchases of U.S. agricultural products.U.S. officials pushed for more Chinese imports of Boeing aircraft and energy products.Rare earth supply challen...
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FXStreet Forex • 13 Mar 2026, 13:23 GMT HIGH IMPACT
Nomura economists expect the Bank of England to keep rates on hold next week, highlighting that $100 Oil could add about 0.6 percentage points to UK CPI via fuel costs.
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FXStreet Forex • 13 Mar 2026, 13:03 GMT HIGH IMPACT
The British Pound (GBP) weakens against the Japanese Yen (JPY) on Friday as Sterling comes under broad pressure following a batch of weaker-than-expected UK economic data. At the time of writing, GBP/JPY is trading around 211.50, retracing all the gains recorded earlier this week.
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Frequently Asked Questions

Why is GBP/JPY moving today?

GBP/JPY movements are primarily driven by interest rate decisions from the Bank of England (BoE) and Bank of Japan (BoJ), economic data releases from the UK and Japanese economies (CPI, GDP, employment), and geopolitical events. Check our live news feed above for today's specific drivers.

How often is GBP/JPY news updated?

Our news feed is automatically updated every 15 minutes from trusted sources including Reuters, Bloomberg, and major forex news providers. Breaking rate alerts are generated instantly when significant moves (>0.5%) are detected.

What affects the GBP/JPY exchange rate?

Key factors include Bank of England (BoE) and Bank of Japan (BoJ) interest rate policies, economic data releases (UK CPI, BoE interest rate decisions, employment data, GDP; Japanese CPI, BoJ monetary policy, Tankan survey, GDP), political events, trade balances, and market sentiment. Major announcements from BoE Governor and MPC members and BoJ Governor and Policy Board members often trigger significant moves.