JPY Q2 2021 Fundamental Forecast

As anticipated, the Japanese Yen started off the new year on a sour note. Taking a look at a majors-based index on the chart below, JPY weakened as much as 6 percent before cautiously stabilizing towards the tail end of March. The anti-risk currency remained fairly depressed despite some emergence of global stock market volatility, especially from the technology sector. This could spell some trouble for the Yen as traders further settle into 2021. The Yen’s Relatively Dismal Yield and Why It Matters: A growing theme from the first quarter has been rising global growth and inflation expectations. Fairly swift … (full story)

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