Markets are full of speculation that Japan may act to contain further yen losses, perhaps by buying the yen, raising interest rates or changing the BOJ's dovish guidance on the future path of monetary policy.
Japan is in a very different situation compared to other countries that have begun to tighten monetary policy. In reality "weak yen" is not bad for Japan.
So we can see the yen will continue to weaken for the next few quarters. especially with the major currency pairs USD, EUR and GBP.
USDJPY MONTHLY
Japan is in a very different situation compared to other countries that have begun to tighten monetary policy. In reality "weak yen" is not bad for Japan.
So we can see the yen will continue to weaken for the next few quarters. especially with the major currency pairs USD, EUR and GBP.
USDJPY MONTHLY