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8 Kommentare
The market is self censoring from reaching it, but dangerously closed, the highest bid was 159.997 jpy to usd
it is end of fiscal year on march 31st in japan. Always a lot of big moves the days before . Could violently reverse
i remember foreigners that paid in yen as he work in japan commented,
its kinda crazy to see a third of your wages evaporate (as yen weaken)
Last time it passed 160 was 161.951 at 2024/07/01.
People who hold dollars, please buy a lot of Japanese stocks.
Time to sell my RAM
JPY will continue to go down…. it has been down since 2020. Why? Cos Jp government printed too much Yen during Covid. Too much Yen in the market… most people are dumping Yen for other stronger currencies. This is just a reality.
Well, at least their exports are about to go up.