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View Poll Results: Japanese Yen: Will the currency weaken this year?

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9. You may not vote on this poll
  • Yes

    8 88.89%
  • No

    1 11.11%
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Results 1 to 7 of 7
  1. #1
    Lieutenant darksaber's Avatar
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    Japanese Yen: Will the currency weaken this year?

    Short, simple summary:

    Japan hasn't been selling its currency -> JPY (Japanese Yen) value rises.
    Japan intervention on foreign exchange market -> U.S. not happy about it and monitors Japan.
    Compare to last year JPY is much stronger this year, specifically this second quarter. -> Foreign investors hate that.

    Why does this matter to us?
    Well, if you buy products/services in Japan, it does matter.
    Especially for us teitokus and hobbyist on this site that cares about their buying power.


    Of course, this week JPY devalues a little, but will this continue in the future? Who knows.

    What do you guys thinks?


    http://i.imgur.com/5ilz4NG.png?2

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  2. #2
    Rear-Admiral S.Razelrink's Avatar
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    it's hard to predict the direction of currency because there's just so many factors that influence where it goes. but given the state of japan's economy and how things like inflation rate has more or less stayed the same since two three decades ago, I wouldn't put my money (no pun intended) on the japanese yen becoming more or less valuable!


    thanks to Lycanous for the not-so-existent yet still great signature! I'll get it back one day..

  3. #3
    Marshal Admiral Laisy's Avatar
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    If anything, economy is hard to predict.
    Of course I would be happy if Yen devalues, as I can buy more DMM points, but that's assuming my country currency did not devalue as well.


    Nothing much happening right now, isn't it?

    Laisy's Journey of Drawing

  4. #4
    Admiral Ghoulvarine's Avatar
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    Still, for the sake of your waifus, you wouldn't need to care about currency exchange.


    "Without love, without anger, without sorrow, breath is just a clock ticking"

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  5. #5
    Captain Mami_Tomoe321's Avatar
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    I think it will eventually. It's getting a bit stronger as of May, but it will probably weaken as the year goes on, but don't take my word on it. I'm not an economist, nor do I plan on being one. Too many numbers and terms for me.



  6. #6
    Captain kazenorin's Avatar
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    Brainless response: No, but I hope yes



  7. #7
    Lieutenant Leucocyte's Avatar
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    I live in Japan and get paid in USD so I feel so stupid for not exchanging my available currency in November 2015.

    Now my rent has gone up because all my living expenses are paid in JPY, but my income is paid in USD.

    So : Yes oh god please get stronger USD and please chill the **** out JPY.



 

 

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