Japan is a net importer of commodities. Commodity prices are soaring due to supply disruptions created by Russia-Ukraine war. Most of this commodities are priced in dollars. As the value of this exports go up more yen gets sold for dollars to facilitate trade.
Central bank policy divergence is also play a key role. Fed has started it’s hiking cycle while Japan holds its rate at negative territory. Chairman Powell became more hawkish by acknowledging he is ready to raise rates by 50 basis points
Central bank policy divergence and higher commodities prices are behind the Yen weakness
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: followme.asia
加载失败()