Cryptocurrency Q&A Will Japanese Yen keep dropping?

Will Japanese Yen keep dropping?

Chiara Chiara Sun Dec 22 2024 | 7 answers 1335
I'm concerned about the future trend of Japanese Yen. It seems to be dropping recently and I'm wondering if this trend will continue. Should I expect the Yen to keep decreasing in value? Will Japanese Yen keep dropping?

7 answers

Dario Dario Tue Dec 24 2024
Cahill anticipates that the yen will persist at its current weakened state for the upcoming 6-12 months.

Was this helpful?

245
29
Martino Martino Tue Dec 24 2024
The macroeconomic scenario is poised to continue exerting pressure on this traditional safe-haven currency.

Was this helpful?

205
79
Bianca Bianca Tue Dec 24 2024
The Federal Reserve's interest rate cuts are not expected to offer significant support to the yen.

Was this helpful?

166
39
CherryBlossomKiss CherryBlossomKiss Mon Dec 23 2024
Similarly, the Bank of Japan's anticipated hikes are unlikely to bolster the yen's value.

Was this helpful?

344
35
JejuJoyfulHeart JejuJoyfulHeart Mon Dec 23 2024
The overall economic environment remains challenging for the yen.

Was this helpful?

89
65
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts