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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

USD/JPY Hits Selling Pressure At 103.00 Yet Reversal Patterns Lacking
USD/JPY has continued its ascent following a Harami pattern on the daily with the pair testing key resistance near 103.00 in recent trading.
Dollar Rallies, But What Was the Source of Strength?
In a storm of fundamentals, the dollar did not escape a swell of volatility this past session. However, the currency’s remarkable rally didn’t exactly fit the expected...
Forex Video: Long-Term US Dollar Outlook 07.31.2014
Examining the long-term trend of the US Dollar and trading it via a diversified portfolio tracking the currency vs. the British Pound, Yen, Euro and Australian Dollar.
USD/JPY Technical Analysis: Rally Extends to 4-Month High
GBP/JPY Technical Analysis: Pound Launches Recovery
EUR/JPY Technical Analysis: Corrective Bounce Underway
Is it a Good Time to Get Long the Dollar versus the Japanese Yen?
The US Dollar trades at fresh multi-month highs versus the Japanese Yen, but is this a breakout we can trust? These are the critical factors we’re watching.
USD/JPY Rallies as US GDP Rebounds Strongly in the Second-Quarter
US GDP rebounded sharply in the second quarter as economic output grew by 4% in the second quarter; The US Dollar rose against its major peers.
USDOLLAR in Breakout Territory amid ADP, GDP, FOMC
This week we've already discussed the implications of falling US Treasury yields on the US Dollar. Instead, the US Dollar is starting to gather momentum in the short-term amid a flurry of key event risk the next few days.
Dollar Positioned for a Breakout but Will GDP and the Fed Provide?
It’s an appropriate place to be, heading into such a significant round of event risk. The Dow Jones FXCM Dollar Index (ticker = USDollar) stands just below 10,500 which techn...

Japanese Yen Trading Forecast

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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.