Yen Exchange Rate Watch

s7460597

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anyone feels that it will go down in the near future?

Possibly. The big questions are by how much and when. At present yen is a safety play due to poor global economic outlook and very low oil prices. Only when outlook improves will yen weaken.
 

vaxvms

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Possibly. The big questions are by how much and when. At present yen is a safety play due to poor global economic outlook and very low oil prices. Only when outlook improves will yen weaken.

after March 2016 budget report out might be clearer
 

s7460597

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http://www.bloomberg.com/news/artic...eing-singled-out-at-g-20-while-data-hits-kiwi

“Everyone’s focused on those G-20 comments and a lot of that was aimed at Japan,” Chris Weston, chief market strategist at IG Ltd. in Melbourne, told Bloomberg TV. “There’s very little the Bank of Japan can do now to try and promote inflation expectations. They are not going to intervene in the currency market -- that’s pretty clear now. They would get the wrath of the world on their back if they decide to do so. It’s not really going their way and there’s not really a lot they can do.”
 

mr_voodoo

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Honestly, those going march-april should just change already.

A recession is heading our way, SGD might get devalued and Yen being a safe haven will go up - giving us a double whammy.

Hedge, change whenever you pass by a money changer with decent rates.
 
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