JPY 03 (Dec 16 - Dec 26)

[behappyalways]

Japan raised interest rates but the market didn't collapse; instead, the yen collapsed!

日本加息，市场没崩，日元倒崩了！

https://m.youtube.com/watch?v=Wi7HhLcOdG8

[behappyalways]

The Japanese yen is nearing 159;
Taiwan Bank's currency exchange rate is 0.2027.
Those who are interested in Japan should act quickly.
The yen is near a 1.5-year low; the Nikkei 225 is soaring to a new high of 53,000 in Kaohsiung trading.

日圓逼近159 台銀換匯0.2027哈日族手腳要快 日圓近1年半低點 高市交易日經飆上5萬3新高｜非凡財經新聞｜20260113

https://m.youtube.com/watch?v=Kenv7jAChI8

[behappyalways]

Is the yen's depreciation just the beginning? Can Sanae Takaichi's economic theories save Japan? [Yahoo Finance...]

日圓貶值只是個開始嗎？高市早苗的經濟學理論能拯救日本嗎？ [雅虎財經...]

https://m.youtube.com/watch?v=H2JBxm2cK ... GM7w%3D%3D

[behappyalways]

Did the US and Japan jointly intervene in the currency market?
The yen surged 1.75% to reach the 155 mark;
The Bank of Japan's June interest rate decision is under scrutiny.
Experts: The yen will remain weak in the short term.

美日聯手干預匯率? 日圓飆升1.75%現155字頭 日央6月利率決策受矚 專家:日圓短期仍偏弱｜非凡財經新聞｜20260125

https://m.youtube.com/watch?v=U0ymtYk8Tu4

[winston]

The weak yen and the weakening US dollar, are signs of financial fragility

But neither Japan nor America should meddle with exchange rates

Japan has amassed foreign investments worth over US$10 trillion, more than twice its annual gross domestic product.

In 2025, the dollar fell by 7 per cent on a trade-weighted basi

Japanese inflation has risen to an annual average of 2 per cent in the 2020s, compared with 0.6 per cent in the 2010s.

The Yen currency is undervalued by roughly 50 per cent.

At 130 per cent of GDP, Japan's net debt remains higher than in any other rich country, and 30-year yields hit their highest level on record this month.

Source: The Economist

https://www.businesstimes.com.sg/opinio ... -fragility

[winston]

not vested

Yen carry trade a ‘ticking time bomb’, warns BCA Research

By Greg Ritchie

The next unwinding case will also be triggered by a combination of a drop in ‘carry assets’ and/or a rebound in the yen.

Source: Bloomberg

https://theedgemalaysia.com/node/792517

[behappyalways]

Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ
https://www.zerohedge.com/markets/yen-t ... -hikes-boj


*JAPAN NOMINATES TOICHIRO ASADA, AYANO SATO AS NEW BOJ MEMBERS

Both seems to be doves, replacing an outright dove (Noguchi) & a less-dovish (Nakagawa) seat
https://x.com/acrossthespread/status/20 ... 2775574933

[winston]

How the yen’s safe haven aura is fading

By Gregor Stuart Hunter

The yen "can be vulnerable to potential oil supply shocks – it also weakened last year in mid-June amid Israel-Iran tensions".

With China and others swiping market share from the country’s exporters, energy imports rising to offset lost supply from Japan’s fleet of nuclear power plants idled since the Fukushima accident and interest rates no longer providing a reliable anchor, the yen’s fundamentals have changed substantially.

The longer the war drags the more it will weigh on the global growth outlook. Those conditions would help the yen recover.

As oil prices tripled, Japanese inflation hit as much as 24.9% the following year, among the highest year-on-year increases in advanced economies.

Those stagflation worries from 1970s appear to be back in investors’ minds.

Source: Reuters

https://www.investing.com/news/economy- ... at-4561687

[winston]

Japan warns speculators as yen stays under pressure

Concerns over the conflict in the Middle East and rising oil prices pushed up US long-term yields and supported the dollar.

Possibility of an April interest rate hike, supporting the currency.

Japanese authorities intervened in support of Japan’s currency on several occasions in 2024 when it weakened past the 160 per-dollar threshold.

Japan relies on the Middle East for about 90% of its oil imports and a prolonged conflict in the region risks fueling domestic inflation.

Source: Bloomberg

https://www.thestar.com.my/business/bus ... r-pressure

[behappyalways]

War Spreads! Inflation Soars! Over 2,500 Food Prices to Rise in April; Yen Falls Below 160, Appro...
https://m.youtube.com/watch?v=gRoEamNHCZE