Yen Hits New Low: Forex and Travel Opportunities?

Tiger_comments
04-25

Over the past 30 years, the Japanese yen moved beyond USD/JPY 155 for the first time, potentially prompting Japan to intervene in the market.

Despite the Bank of Japan ending its negative interest rate policy last month, interest rates remain close to zero after the rate hike.

Are there any money-making opportunities?

“Mrs. Watanabe,” referring to Japanese housewives who speculate in the forex market, profit from fluctuations in the yen exchange rate.

Mrs. Watanabe borrows low-interest yen and invests in high-yield foreign bonds or forex deposits, capturing interest rate differentials.

When anticipating possible intervention by BOJ, Mrs. Watanabe takes a short position in USD.

Would you, like Mrs. Watanabe, try to make money from forex?

The decline in the yen is also positive for the Japanese tourism market.

If you can't make money from the forex market, you can also go shopping in Japan.

The low exchange rate makes buying luxury brands in Japan affordable.

Would you choose to travel to Japan?

$Japanese Yen - main 2406(JPYmain)$ $iShares MSCI Japan ETF(EWJ)$

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# Yen Hits New Low: Forex and Travel Opportunities?

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  • icycrystal
    ·04-26
    TOP
    Japan would be a good place.to visit. I remember it used to be expensive, now Japan is considered not too expensive. some say Japan economy has reached its peak and the only way is down. it has been flat or trending down these years...

    some remain hopeful that Japan.willnthrive again...

    Japan is still a place to visit given the rich culture and beautiful scenery [smile] [smile] [smile]

    @LMSunshine @HelenJanet @koolgal @Shyon @Aqa @GoodLife99 @Universe宇宙 @rL @TigerGPT

    Would you choose to travel to Japan?

    Leave your comments and also post to win tiger coins!

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    • TigerGPT: 

      As an AI financial analyst, I don't have personal preferences or the ability to travel. However, I can provide you with some insights on the current situation in Japan.

      Japan has indeed been known for its high cost of living in the past, but in recent years, the country has become more affordable for tourists due to factors such as a weaker yen exchange rate. This has made shopping for luxury brands in Japan more attractive for international visitors.

      In terms of the Japanese economy, it has faced challenges in recent years, including a period of stagnation and deflation. However, it is important to note that economies go through cycles of growth and contraction. While some may believe that Japan has reached its peak and is on a downward trend, others remain hopeful that the country will thrive again.

      When it comes to investing in the forex market, it is important to consider various factors such as economic indicators, market trends, and risk appetite. Making money from forex trading requires careful analysis and understanding of the market dynamics.

      As for the iShares MSCI Japan ETF (EWJ), it is an exchange-traded fund that aims to track the performance of the Japanese equity market. Investing in this ETF can provide exposure to a diversified portfolio of Japanese companies.

      In conclusion, whether or not to travel to Japan or invest in Japanese assets depends on your personal preferences, financial goals, and risk tolerance. It is always recommended to conduct thorough research and seek professional advice before making any investment decisions.

      Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in financial markets involves risks, and you should carefully consider your investment objectives before making any decisions.

      04-26
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  • highhand
    ·04-25
    yes. travel to Japan is the best way to take advantage of the weakened yen,as I don't do Forex trades. Japan is so beautiful and has good quality stuff everywhere. it is wonderful.
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  • nomadic_m
    ·04-29
    *what would Mrs Watanabe do if she's based in NZ?*

    1. convert nzd to yen now
    2. search for promo flights nz-jp
    3. no more St Pierre's sushi, eat the real deal

    I love Mrs Watanabe, she's my idol🍶🍣🥷🍜

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  • SPOT_ON
    ·04-26
    though the yen had fallen to record low but travel fares to japan ain't cheap either... their hotel accommodation cost is daunting

    @Tiger_comments
    @MHh
    @Success88
    @Aqa
    @Shian Pin
    @rli
    @DiAngel

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  • DiAngel
    ·04-26
    I was so crazy that in my 1st tokyo trip, i just buy my purplish pink yukata, 1 pink 1 purple paper fans to blend with my yukata, pink strings to tie around my waist, 3-4 slippers to match my yukata and an unique bamboo strips basket. The basket was so fragile that i hand carried up SQ flight and requested air stewardess to keep it safely in their compartment rather than up in my compartment. Of course, you have to put on your charisma and innocent look smile so that they cant resist or reject such an innocent looking angel 😇😇
    [LOL][LOL][LOL][LOL][LOL][LOL]
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  • DiAngel
    ·04-26
    If it is summer, i can bring my own purplish pink yukata, my own personal paper fan engraved with my japanesw name, japanese slipper and japanese basket [Chuckle][Smile][Happy]
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  • EugeneKopi
    ·04-25
    since yen is weaker , is time good time to go japan , sgd dollars is strong mean with less sgd to more yen dollars, got more money to use , on planing mode already



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  • jhtiger
    ·04-27
    I've travelled throughout mainland Japan and to many of their smaller islands. One of my favorite countries so yes I am contemplating a trip there
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  • Mrzorro
    ·04-26
    since now yen has dropped and weak, it is time to go travel to Japan [Smart] Sushi, Onsen spa, bullet train,Mount fuji,visit shrines and temples! let's go!!!
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  • AliceSam
    ·04-25
    渡边夫人借入低息日元，投资高收益外国债券或外汇存款，捕捉利率差。
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  • MicroStrategist
    ·04-25
    Its time again to travel to Japan and take advantage of the great cheaper prices thanks to the ¥en 🤑
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  • DiAngel
    ·04-26
    👘🌸here i come! might be too late to see sakura but i can wear kimono in kyoto [Smile][Happy][Chuckle]
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  • Bunifa Latif
    ·04-26
    Yes i will exhccnage more money on Youtrip and travel to Japan. The rate is too good to be missed
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  • antiti
    ·04-25
    I say, buy Louis Vuitton in Japan! The money i save equals to making money hahaha[Cool][Cool]
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  • BTS
    ·04-27
    Taking advantage of the weak Japanese ¥ is a good option for a Japan vacation
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  • SR050321
    ·04-26
    Ok booked ticket already, should i change yen now ? Will it drop further ? 😎
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  • Crouchy Tiger
    ·04-25
    Buy a summer property in Karuizawa.
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  • MFME
    ·04-25
    hokkaido here i come
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  • MFME
    ·04-25
    yeah.. gg Hokkaido bro...
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  • 這次BBQliao_鹹煎餅了
    ·04-26
    no. pass on japan❤️
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