The GBP/JPY is paring back recent losses sparked by a bull run in market Japanese Yen (JPY) bets after the Bank of Japan (BoJ) leaned unusually hawkish last week.
The USD/JPY has pared back the majority of losses from last week’s Bank of Japan (BoJ)-fueled plunge, pulling back from four-month lows below 142.00 to aim squarely at the 147.00 handle.