Coincidentally, USDJPY also broke above 160 as well
https://www.reddit.com/gallery/1szmcnx
Posted by cave_guard
10 Comments
SnooHedgehogs5162 on
Bullish. If they hike rate more money will leave US market into Nikkei 225.
briskwalked on
can someone who didn’t eat crayons today please explain this who Japan currency thing to me please?
help a noobie out please
Meakmoney1 on
Blah blah economy go boom
EizanPrime on
Can somebody explain me how Japan will sustain their 200% of GDP dept with such rates ?
Opposite_Day_9771 on
Yen carry trade dead yet? What happens when they dump US treasuries to buy oil?
-mini-kuma on
hello, UKpoor here. since £1 is ¥215, I find Japanese stocks very cheap compared to US companies.
dljmonkeyboiz on
Long yen
FangornEnt on
USD basket going up(over the past few days), JPY basket going down(for a while) leads to that USDJPY action. Crazy that the 10yr yields are pumping in the face of that.
amplaoumplasD on
I feel like its Deja Vu. Every year same shit different method. Crazy.
No_Feeling920 on
They can probably keep the lights on by restarting yield curve control, but crude going up in USD and JPY going down in USD will make energy costs prohibitive (inhibitive) at some point (as well as many other imported basic materials).
Or they can try selling off their UST/USD reserves (and buy back JPY) to boost JPYUSD, but that can’t be done forever and Trump/Bessent won’t like it at all, as they also want lower market yields on USTs.
Anyway, the average Japanese citizen is only getting poorer from this.
10 Comments
Bullish. If they hike rate more money will leave US market into Nikkei 225.
can someone who didn’t eat crayons today please explain this who Japan currency thing to me please?
help a noobie out please
Blah blah economy go boom
Can somebody explain me how Japan will sustain their 200% of GDP dept with such rates ?
Yen carry trade dead yet? What happens when they dump US treasuries to buy oil?
hello, UKpoor here. since £1 is ¥215, I find Japanese stocks very cheap compared to US companies.
Long yen
USD basket going up(over the past few days), JPY basket going down(for a while) leads to that USDJPY action. Crazy that the 10yr yields are pumping in the face of that.
I feel like its Deja Vu. Every year same shit different method. Crazy.
They can probably keep the lights on by restarting yield curve control, but crude going up in USD and JPY going down in USD will make energy costs prohibitive (inhibitive) at some point (as well as many other imported basic materials).
Or they can try selling off their UST/USD reserves (and buy back JPY) to boost JPYUSD, but that can’t be done forever and Trump/Bessent won’t like it at all, as they also want lower market yields on USTs.
Anyway, the average Japanese citizen is only getting poorer from this.