Canada S&P Global Manufacturing PMI dipped from previous 49.6 to 48.4 in November

Dec 1, 2025

JPY surges 0.6% against USD on hawkish BoJ signals – Scotiabank

The Japanese Yen (JPY) is outperforming all G10 currencies, rising 0.6% against the US Dollar (USD) as markets interpret Governor Ueda’s latest remarks as a hawkish shift.

GBP/JPY falls to five-day low as Ueda’s hawkish tone lifts the Yen

The British Pound (GBP) softens against the Japanese Yen (JPY) at the start of the week as hawkish comments from the Bank of Japan (BoJ) Governor Kazuo Ueda lift the Yen across the board. GBP/JPY trades near 205.25 at the time of writing, marking its lowest level in five days.