Cryptocurrency Q&A Why is the yen weak?

Why is the yen weak?

JejuJoyful JejuJoyful Sat Nov 16 2024 | 6 answers 898
I've been noticing that the yen has been quite weak in the foreign exchange market recently. I'm curious to understand the reasons behind this weakness. Could it be due to economic factors, political influences, or maybe something else entirely? Why is the yen weak?

6 answers

CoinPrince CoinPrince Mon Nov 18 2024
The Bank of Japan (BoJ) has indeed lifted interest rates, but only by a fraction.

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Dario Dario Mon Nov 18 2024
This minimal increase has barely kept pace with the more aggressive rate hikes implemented by the Federal Reserve.

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TaegeukChampionCourageousHeartWarrior TaegeukChampionCourageousHeartWarrior Mon Nov 18 2024
As a result, investors have been inclined to favor the dollar over the yen in recent years.

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Riccardo Riccardo Mon Nov 18 2024
The astonishing weakness of the yen has been a subject of intense discussion.

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CoinMasterMind CoinMasterMind Mon Nov 18 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of investors.

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