Cryptocurrency Q&A Will yen keep getting stronger?

Will yen keep getting stronger?

KatanaSwordsmanshipSkill KatanaSwordsmanshipSkill Sun Dec 22 2024 | 5 answers 1362
I have been noticing the recent trends in the currency market, and I'm particularly interested in the yen. It seems to have been gaining strength in the past few months. I'm wondering if this trend is likely to continue in the NEAR future. Will yen keep getting stronger?

5 answers

EthereumEmpireGuard EthereumEmpireGuard Tue Dec 24 2024
By the end of 2025, the currency is anticipated to strengthen to approximately 138 against the dollar.

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CryptoProphet CryptoProphet Tue Dec 24 2024
This strengthening is accompanied by predictions of "some high volatility," indicating that the yen's value may fluctuate widely.

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KimonoSerenity KimonoSerenity Tue Dec 24 2024
One potential source of this volatility could be the monetary policy moves made by the Bank of Japan (BOJ).

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HanbokGlamourQueen HanbokGlamourQueen Tue Dec 24 2024
The yen forecast is expected to show significant movement in the coming years.

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Silvia Silvia Tue Dec 24 2024
Abe, the forecaster, does not foresee any rate hikes from the BOJ in the NEAR future, which could impact the yen's value.

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