The yen has lost 40 years Today, the Japanese yen fell to 160.6 yen per dollar, a level last seen at the end of the Japanese “economic miracle” in 1986. Since the beginning of the year, the yen has lost 12% against the dollar, which has brought higher prices for imports and a decrease in consumer and business confidence. Markets are waiting for the country's authorities to once again come out in defense of the national currency and prevent the most desperate sell-off among developed countries.
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1985 - The Japanese Yen (JPY) experienced significant appreciation after the Plaza Accord of 1985. An agreement between the United States, #Japan, West Germany, France, and the United Kingdom aimed at devaluing the US Dollar to address trade imbalances - as the high value of the Dollar made US exports expensive and imports cheap. This deliberate intervention in the #currency markets marked a pivotal moment for Japan’s economy and the global financial landscape. Before the Accord, the exchange rate was around 240 JPY to 1 USD. By 1987, the Yen had appreciated to approximately 120 JPY to 1 USD. Meaning that the Yen nearly doubled in value within a span of about two years.
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Japan, one of the world’s biggest crude importers, landed 2.11 million barrels per day of crude in May, a sharp decline of 513,000 b/d from April, according to data from the Ministry of Economy, Trade and Industry. Volumes were also down considerably by 337,000 b/d from last May. The plunge comes as the Japanese yen fell last week to its weakest level against the US dollar since 1986, putting traders on alert that Tokyo might again be forced to step in to support the ailing currency. Learn more >> https://bit.ly/3zxNToc #Japan #crude #oil #macroeconomics #oilmarkets
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In recent years, the Japanese yen has been trading at multi-decade lows against the US dollar. However, several factors—interest rates, inflation and consumer spending—could change this dynamic. Is the yen making a comeback? Read our latest article to find out: https://lnkd.in/en5j4Aw4 Allan Gray Australia
Is This An Inflection Point For The Yen? | Orbis
orbis.com
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𝐔𝐒 𝐃𝐨𝐥𝐥𝐚𝐫 𝐆𝐚𝐢𝐧𝐬 𝐆𝐫𝐨𝐮𝐧𝐝 𝐀𝐠𝐚𝐢𝐧𝐬𝐭 𝐉𝐚𝐩𝐚𝐧𝐞𝐬𝐞 𝐘𝐞𝐧 𝐀𝐦𝐢𝐝𝐬𝐭 𝐂𝐞𝐧𝐭𝐫𝐚𝐥 𝐁𝐚𝐧𝐤 𝐀𝐜𝐭𝐢𝐨𝐧𝐬 𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://lnkd.in/dSV89Q2a The US dollar has shown significant strength over the past week against the Japanese yen, reflecting broader economic policies and market sentiments. #USDollar #YenDecline #FedPolicies #BOJActions #CurrencyMarkets
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The Japanese Yen (JPY) hits a multi-month low, continuing its downward trend against the US Dollar. Investors are increasingly convinced that Japan’s political instability will hinder the Bank of Japan (BoJ) from raising interest rates. At the same time, fears over US President-elect Trump’s proposed tariffs are adding pressure on Japanese exports, further weakening the JPY. Trump’s protectionist policies could fuel inflation and limit the Federal Reserve’s ability to cut rates, keeping US Treasury bond yields elevated and adding more downward pressure on the lower-yielding Yen. #JPY #Forex #Tariffs #BOJ #USD #CurrencyMarket #ForexTrading
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The Japanese Yen is the weakest it’s been in 34 years and has depreciated from - 75¥ per US dollar in 2012 - 100¥ per USD in 2020 - 152¥ per USD today If you’re getting paid in Yen this really is bad because if you import something that costs $100 USD in 2012, it now costs at least $200 now in pure currency terms. Note: Japan is one of the largest oil and commodities importers, and these are primarily priced in USD. No small wonder why there is so many political challenges in Japan right now. #depreciation #currency #inflation
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As the Japanese yen loses value versus the U.S. dollar and other main currencies, the value of Japan’s imports usually increases. Comparatively to 140-yen levels a year ago, the dollar is trading at about 158 yen.
Cheap yen and robust demand in US, Asian markets, Japan's exports climb 13.5% in May. - Live Trading News
https://www.livetradingnews.com
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Yen risk💴 The Japanese yen has dipped below 155 against the US dollar, a level not seen in over three decades, sparking concerns about potential intervention by Japan. This decline, with the yen reaching as low as 155.37 on Wednesday, is attributed partly to increased demand for contracts selling it against the dollar and euro. Japanese authorities have reiterated their readiness to take action if the yen's movement becomes excessive, focusing more on the pace of depreciation rather than specific levels. #Forex #CurrencyTrading #Yen #YenWeakness #JapanEconomy #ExchangeRates #ForexMarket #FinancialNews #YenRisk #CurrencyIntervention #EconomicTrends
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The yuan rallied past the 7 per US dollar milestone for the first time in 16 months as investors digested a raft of measures to support the Chinese economy and the recent Federal Reserve rate cut kept the dollar on the back-foot. The offshore yuan rose as high as 6.9951 per dollar on Sept 25, after China unleashed a blitz of policy support measures amid concerns over its growth target. Yuan gains could extend if greenback weakness drives Chinese exporters to repatriate some of their large dollar holdings into the local currency. But for importers,we suggest place order asap it is better to get good price.😀😀Welcome to send me offer. #RMBappreciation #RMBUSD #exportimport #trading #MADEINCHINA #hardware #buildingmaterials
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