Tag Archives: japanese yen strength limiting Japan’s export
JPY May Rise to 80 against the Dollar by Mid-Year
Posted on05. Feb, 2009 by admin.
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The Japanese currency picked up steam again on Wednesday, prompted by a government stimulus package that has provided a boost to market and risk sentiment. The Yen’s strength took the EUR down 0.7% to 115.52 Yen, while the Dollar eased 0.2% to 89.05 Yen. It strengthened to 87.13 on Jan. 21, the strongest level since [...]
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JPY’s Strength Limiting Japan’s Export Capability
Posted on01. Dec, 2008 by admin.
On a powerful bullish run at the start of this week, the JPY is gaining on most of its currency rivals. This is not necessarily viewed as a positive from Japan’s perspective, however. A strengthened Yen weakens Japan’s ability to export goods; something which it has relied on heavily the past decade.
One of the driving [...]
