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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

With Forex Volatility So Low, How Might we Trade?

The US Dollar continues to stick to tight ranges versus the Euro, Japanese Yen, and other counterparts. How might we trade if forex volatility continues to drop?

AUD/USD, EUR/USD Set for Late-April Pivots as Liquidity Returns

Daily average trading ranges have fallen the past several sessions around the Judeo-Christian holidays spanning the past week. The return of market participation should result in ...

Australian Dollar, Japanese Yen Face Event Risk on Economic Calendar

This week we have AUD and JPY CPI on tap in addition to BoE Minutes and the RBNZ…

Australian Dollar, Japanese Yen Face Event Risk on Economic Calendar

This week we have AUD and JPY CPI on tap in addition to BoE Minutes and the RBNZ…

Forex: US Dollar Finds Support Amid Commodity Market Liquidation

The US Dollar advanced to start the trading week in a move that appeared to mirror broad-based liquidationacross commodities markets.

USD/JPY Technical Analysis – Resistance Seen Below 103.00

Forex, Commodities and Equities Outlook - 04.21.2014

Fundamental and technical perspectives on currency, commodity and equity markets as well as the outlook for the week ahead.

GBP/JPY Technical Analysis – Aiming at Triangle Resistance

EUR/JPY Technical Analysis – Muted Conditions Persisting

Bullish USD/JPY Outlook at Risk as Japanese Inflation Picks Up

A further pickup in market sentiment should continue to fuel the near-term rally in the USD/JPY, but the fundamental developments coming out next week may keep the dollar-yen cont...

Japanese Yen Trading Forecast

Symbol Forecast Outlook

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Thu
Apr 24
23:30
JPY National Consumer Price Index Ex-Fresh Food (YoY) (MAR) 1.4% 1.3%
23:30
JPY National Consumer Price Index (YoY) (MAR) 1.5%

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.