Pound-Yen shifts up to 159.91, after ending the last session at zero (down 0%) .
Trading week at a glance - GBP/JPY is up to 159.91, after closing yesterday at zero. Overall, a 0% move or 15,990 pips this week. (Trade Pound-Yen with FXTM now).
Meanwhile, data for Japan Industrial Production released yesterday at 23:50 UTC is better than expected with -0.1%, but worse than previous figure of 0.2%. Data for Japan Retail Sales published yesterday at 23:50 UTC came out at 3.8%, beating projections of 3% and showing improvement over the preceding figure of 2.5%. Japan Jobs/applications ratio (Dec) came out at 1.35, while a consensus of analysts was expecting 1.36. Japan CFTC JPY speculative net positions released Friday with a figure of -21,600, while the previous figure was -23,000. United Kingdom CFTC GBP speculative net positions released Friday with a figure of -23,900, while the previous figure was -24,700.
Also worthy of note, United Kingdom Construction PMI is projected to outperform its last figure with 49.6, having previously been at 48.8. The figure will be published Monday.
Furthermore, the market is looking at United Kingdom BoE Interest Rate Decision (Jan) scheduled to come out Thursday. United Kingdom Services PMI is expected Friday.