Hey, you're fast.
$USD/JPY (USDJPY.FX)$ Trump's personnel changes have caused the yen to rise sharply due to expectations of a strong yen. It may have advanced too much. The yen currency of US stocks will likely be quite tough tonight 😰 If it has advanced this much based on estimates before actually taking office, it may advance significantly next year. It seems likely to reach the 140 yen level early next year.
Addendum: In December, with both interest rate cuts and hikes, next year, when the interest rate hike is looming, it might reach the 120 yen range. Japanese stocks are pulling back to pre-coronavirus levels, this is...
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
乙一 : It seems like the US stock market will not open tonight.
乙一 : I am quite worried about the Japanese stock market tomorrow.If it falls sharply due to exchange rate fluctuations, we will have to bear a double blow.
失金狼売キング : The unrealized gains have expanded due to the exchange rate differences.
It's tempting to ignore it, but
it's still unpleasant to see it diminish.
And this inexplicable sudden drop...
ひろ0723 OP 乙一 : The Nikkei futures have already dropped below 38000. If Trump really demands a rate hike next year, it might not even reach the 120 range. Japanese stocks are likely to decline significantly except for domestic and importing companies. JAL and ANA may be okay.
ひろ0723 OP 失金狼売キング : Although the personnel affairs have settled down, it feels like it's just that much. If you wait for rate cuts or hikes and don't buy US stocks, you'll only get burned in the exchange rate. If it's going to drop, I want it to be priced in all at once, but since January, the yen has been gradually strengthening. It's difficult to find the right time to buy.
ひろ0723 OP 乙一 : Today, there is an event, tomorrow is a day off, and I remember that it was not just half a day on Friday.
乙一 ひろ0723 OP : Thanks for the correction, sorry for the wrong reply, I misread the date