United States S&P Global Manufacturing PMI came in at 54.5, above expectations (54) in April

May 1, 2026

GBP/JPY Price Forecast: Buyers defend 100-day SMA as momentum weakens

GBP/JPY stages a modest rebound on Friday after coming under selling pressure earlier in the day amid suspected intervention by Tokyo for a second straight day to curb excessive weakness in the Japanese Yen (JPY).

USD/JPY: Intervention risk and oil focus shape outlook – BNY

BNY’s Bob Savage highlights that suspected FX intervention has driven a sharp Japanese Yen rebound, with the Ministry of Finance signaling readiness to act in both currency and crude oil futures. The focus is now on key USD/JPY levels around 155–158 as authorities seek to counter Yen weakness.