JPY 03 (Dec 16 - Dec 25)

[behappyalways]

Slowed down by U.S. interest rate hikes, is the depreciation of the yen not over yet?

受美国加息拖累狂下泻 日圆贬值还未到尽头? | 八点最热报 20/05/2024

https://m.youtube.com/watch?v=Z62KRouBEa0&t=15s

[winston]

This Currency is Set Up for a Major Reversal

by Brett Eversole

The COT has fallen alongside the yen in recent months. It just hit its most negative reading since mid-2007. And as it turns out, that was also a darn good time to bet on a yen reversal…

Most folks don’t expect a turnaround from this currency right now. But the contrarian bet is that we should see a much stronger yen in the months ahead.

Source: Daily Wealth

https://tradesoftheday.com/2024/05/24/t ... -reversal/

[winston]

Japan spent record US$62b in past month on intervention

By Erica Yokoyama

The yen is expected to remain under pressure given the yawning gap between interest rates in Japan and the US.

While the BOJ has finally joined the Federal Reserve in tightening monetary policy, Japan’s short-term rate is still just 0.1% compared with the Fed’s 5.5%.

Until there are clearer signs of when US rates will start coming down or of the BOJ pushing more aggressively to raise borrowing costs or cut back its bond purchases, there is little prospect of the tide turning.

Source: Bloomberg

https://theedgemalaysia.com/node/713851

[behappyalways]

24.05.28【豐富│東南西北龍鳳配】Pt.2 越來越奇妙了！日圓跟日本政府脫鉤了！
https://m.youtube.com/watch?v=whNYZOQ9qO0&t=660s