usd-to-jpy

The Japanese Yen is among the most traded currencies in the world. This is as a result of its low-interest rates because the Yen is used in the carry trades. Also, the Bank of Japan recently expanded the amount of yen that it buys, in an attempt to change the current market deflationĀ  to an inflation. In an actual sense, this is devaluing the Yen while at the same time boosting the countries exports and increasing prices of the imports, especially when it comes to commodities. On 12th September 2016, the USD/JPY pair started the week with a slight decline as the Yen’s strength wentRead More →