Pound Jumps Past 209.50 Against Yen as BoJ Hikes Rates to 31-Year High

FXStreet··JPGB·Read original
3▲3 ▼0Impact / 5
Summary · why it matters

The GBP/JPY cross attracted fresh buyers during the Asian session on Friday and jumped to a nearly two-week top, beyond 209.50, after the Bank of Japan announced its policy decision. The Bank of Japan raised its policy rate to a 31-year high, a move that weighed on the Japanese yen and lifted the British pound against it. The pound's advance to a nearly two-week top beyond 209.50 came as the yen declined following the BoJ's rate-hike decision. The cross drew fresh buying interest through the Asian session on Friday, extending the move past the 209.50 level.

Impact on assets 3

Others▲ · 2 stocks
Others▲ · 1 stocks
© 2026 MarketIVNews