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Currencies; Yen and Euro
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Pitt
Posted 4/24/2022 17:29 (#9629874)
Subject: Currencies; Yen and Euro


Starbuck Manitoba Canada
Looks like the Japanese Yen is in a nosedive. Lowes not seen for over 20 years. I wonder if money is leaving considering the big bear (China) on their doorstep and the economy is running on fumes.
A lot of headwinds going against the Japanese economy right now. Demographics of an aging population, High energy, and food prices for a country that Filipe on imports.
Recently the government announced that was time for Japan to start building up it's military. Might have the citizens scared that a confrontation with mainland China is only a matter of time
The Euro is also not far from long term lows. Easy to understand why money is leaving.
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