@sparrowly interesting, thanks. yea i guess the mandate of the central bank is more economic competitiveness rather than yen strength. are there signs that inflation will pick up in japan, and do u see it in your everyday life (increases in prices of goods ands services)?
@jandolphrohnson thank you. i suppose this just means that japanese companies that export goods will be more competitive and thus would be a decent trade
apologies if this is naive, im just a simple man trying to understand what is going on.
1usd currently buys 156 yen. this is because interest rates in japan are low, and the “risk free” us government bond rate is 5.25% vs the 0.1% that japan offers, so naturally more people would demand usd...