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JPY (Japanese Yen)

The Japanese Yen is the third most commonly traded currency in the world after the US Dollar and the Euro. The Japanese Yen is the national currency for the nation of Japan, which has the third largest national economy in terms of Nominal GDP. Japan is a unique economy, with large manufacture and export of automobiles and electronic goods. The nation is usually considered one of the most innovative in the world, and with the recent rise of Chinese and South Korean manufacturing Japan has begun to focus on high-tech and precision goods.

JPY News and Analysis

Forex Volatility Risk Remains High on Critical Week for US Dollar
The US Dollar ends the month of August almost exactly where it began versus the Euro and other key counterparts. What might we expect in the coming week and in September?
Euro, Yen Rise as Jackson Hole Outcome Sends Markets Scrambling
The Euro and the Japanese Yen rose as interest rate hike fears following the Jackson Hole Symposium fueled renewed risk aversion around financial markets.
USDJPY-Just a Dip or Important Reversal?
USDJPY crashed into the 52 week average and weekly RSI has corrected to 50. Both technical considerations are consistent with eventual resumption of the long term bull trend but t...
Weekly Trading Forecast: FX Traders Brace for Huge Week Ahead
Major market volatility is nearly guaranteed on big tests ahead for the US Dollar and broader FX markets. Here are the critical events we’re watching.
JPY Bulls Brace for BOJs Next Bailout
JPY saw its biggest rally vs. the USD since 2009 throughout this week’s early market turmoil
GBP/JPY Technical Analysis: 3-Year Uptrend in the Balance
USD/JPY Technical Analysis: Key Trend Line Back in Focus
EURJPY Rebound to Offer Short Entries Ahead of ECB- 137.50 Critical
The EURJPY reversal is now approaching key structural support with the short bias at risk near-term. Here are the updated targets & invalidation levels that matter.
Retest Looming in USD/JPY?
Retest Looming in USD/JPY?
US Dollar Once Again in Control versus British Pound, Gold Prices
The US Dollar looks likely to resume its uptrend versus the British Pound and Gold. Here are the factors we’re watching.

Japanese Yen Trading Forecast

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Date Time Currency Event Importance Actual Forecast Previous Notes
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Japan saw enormous growth through the 60's, 70's, and 80's leading into the 90's. Japan thrived as a manufacturer and its partnership with The United States helped to make the country into the world's second largest economy from 1978 until 2010, when it was surpassed by China for the second place title, moving Japan to the world's third largest economy.


In the late 1990's, the nation of Japan saw growth slow significantly, which has come to be known as the 'lost decade' upon the collapse of the Japanese Asset Price Bubble. This period saw Japan run massive budget deficits to finance large government spending programs. These programs, however, did little to bring growth to Japan as the nation faced deflation numerous times between 1999 and 2004.


In response, the Bank of Japan embarked on Quantitative Easing in the early 2000's, but that did little to quell the Yen Strength and deflation that had plagued the nation.


Strength of the Japanese Yen became a major problem for the export-heavy nation. As exporters saw a more expensive yen, it became more difficult for them to compete with domestic manufacturers in other countries.


And due to extremely low interest rates, Japan saw massive outflows of capital from retirees and investors looking for yield in other economies such as Australia, Europe, and The United States.


In late 2012, Japan embarked on a multi-pronged approach in an effort to end the multi-decade slide that was seen in growth numbers for the Japanese economy. This approach was spear-headed by Shinzo Abe during his campaign for Prime Minister, and once installed as the political leader of Japan, with Hiroki Kuroda installed as the head of The Bank of Japan, the country started its concerted effort to bring growth, and inflation back to the nation.