<\/p>\n
Japanese Finance Minister Shunichi Suzuki said\u00a0on\u00a0Tuesday\u00a0that\u00a0there are both advantages and disadvantages of the weak Japanese Yen (JPY), but he\u00a0is more concerned about the negative aspects of the weak JPY.\u00a0<\/p>\n
\n\u201cMarket dialogue key as long-term rates increase.\u201d<\/p>\n
\u201cAims for appropriate national debt policies in Japan.\u201d<\/p>\n
\u201cHopes for wage hikes above inflation pace.\u201d<\/p>\n
\u201cPlans wage increases to combat deflationary mindset.\u201d<\/p>\n
\u201cBoth advantages and disadvantages of weak Yen.\u201d<\/p>\n
\u201c\u00a0Market determines levels for currencies.\u201d<\/p>\n
\u201cOpposes excessive forex volatility.\u201d<\/p>\n
\u201cWill discuss world economy, AI, and other issues.\u201d<\/p>\n
\u201cSays the government is watching markets.\u201d<\/p>\n
\u201cWill conduct appropriate bond management policy.\u201d<\/p>\n
\u201cSays he is closely watching FX moves.\u201d\u00a0<\/p>\n<\/blockquote>\n
Market reaction\u00a0<\/strong><\/h2>\n
These comments have\u00a0little to no market reaction\u00a0to the Japanese Yen (JPY).\u00a0At the time of\u00a0writing,\u00a0USD\/JPY\u00a0is trading 0.09% higher on the day to trade at 156.38.\u00a0<\/p>\n
\n\n\nJapanese Yen FAQs<\/h2>\n
\n\n The Japanese Yen (JPY) is one of the world\u2019s most traded currencies. Its value is broadly determined by the performance of the Japanese economy, but more specifically by the Bank of Japan\u2019s policy, the differential between Japanese and US bond yields, or risk sentiment among traders, among other factors.<\/p>\n<\/section>\n
\n One of the Bank of Japan\u2019s mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing it often due to political concerns of its main trading partners. The current BoJ ultra-loose monetary policy, based on massive stimulus to the economy, has caused the Yen to depreciate against its main currency peers. This process has exacerbated more recently due to an increasing policy divergence between the Bank of Japan and other main central banks, which have opted to increase interest rates sharply to fight decades-high levels of inflation.<\/p>\n<\/section>\n
\n The BoJ\u2019s stance of sticking to ultra-loose monetary policy has led to a widening policy divergence with other central banks, particularly with the US Federal Reserve. This supports a widening of the differential between the 10-year US and Japanese bonds, which favors the US Dollar against the Japanese Yen.<\/p>\n<\/section>\n
\n The Japanese Yen is often seen as a safe-haven investment. This means that in times of market stress, investors are more likely to put their money in the Japanese currency due to its supposed reliability and stability. Turbulent times are likely to strengthen the Yen\u2019s value against other currencies seen as more risky to invest in.<\/p>\n<\/section>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Japanese Finance Minister Shunichi Suzuki said\u00a0on\u00a0Tuesday\u00a0that\u00a0there are both advantages and disadvantages of the weak Japanese Yen (JPY), but he\u00a0is more concerned about the negative aspects of the weak JPY.\u00a0 Key quotes \u201cMarket dialogue key as long-term rates increase.\u201d \u201cAims for appropriate national debt policies in Japan.\u201d \u201cHopes for wage hikes above inflation pace.\u201d \u201cPlans wage […]<\/p>\n","protected":false},"author":2,"featured_media":36069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,7428,255,684,1062,250,333,252,247,253,249,256,254],"class_list":["post-306190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-exchanges","tag-gta","tag-interestrate","tag-japan","tag-looks-rare","tag-macroeconomics","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/306190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=306190"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/306190\/revisions"}],"predecessor-version":[{"id":306198,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/306190\/revisions\/306198"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/36069"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=306190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=306190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=306190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}