Yen is being heavily offered across the board on news Japan is likely to announce a JPY 27 trillion stimulus later today. GBP/JPY cross jumped to hourly 200-MA of 139.64 levels. Two-figure rise The cross is up full two figures from its opening rate of 137.31 levels. Right from the start of the trading in Asia, the Yen has been on the back foot. Initially what appeared to be a technical correction quickly turned into a Yen selling frenzy after reports hits the wires that PM Abe is due to announce a JPY 27 trillion stimulus today. In the meantime, Cable traded muted in early Asia and continued to do so at the time of ... (full story)