yen: rally over or not?

In the previous post I mentioned the slowdown of the Yen rally.

However, I came across this article from which mentions that the Yen rally still has momentum. Since February 2016, the Yen has strengthened by more than 12%.

The stage has been set for a higher Yen against the Dollar. The negative interest rate on new deposits that credit institutions would place in the Central Bank is designed to increase inflation. The negative rate encourages the banking sector by providing liquidity to commercial banks.

The Bank of Japan is seeking a financial plan where people will invest money in real assets instead of putting it in savings accounts.

Published by mikebertelsen

Global market, trade, and financial news. I keep up to date with what I assess is important.

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