Over the past decade, the JPY has consistently screened as cheap versus most other major currencies in most currency valuation models. At present, based on various indicators, the JPY appears to be 20-30% cheap relative to its fundamentals. While valuations alone are usually not a strong enough...
“Today’s ... meeting greenlights the yen carry trade and could see USD/JPY accelerate towards 160-161 over coming weeks.” INTERVENTION WATCH The yen’s 11% drop against the dollar this year is the largest fall of any G10 currency, driven mostly by the wide gap between U.S. and Jap...
Even 王念祖 did wire his money to the U.S., the purchasing power of 王念祖’s 68萬人民幣a year later is 26% higher than the 68萬人民幣 he took to the U.S.A. Based on 陳文茜’s 5 to 1 USD/人民幣 exchange rate. 王念祖 will find out that all the stuff made in the U.S.A....
Given that oscillators on the daily chart are holding in the positive territory and are still away from being in the overbought zone, the USD/JPY pair might then resume its uptrend witnessed over the past month or so from the March trough. On the flip side, the ...