2022-03

On March 30, 2022, the Japanese yen sale was finally over. Now that all markets are declining, we are in the selling phase for the time being. One-sided Japanese yen sales continued in all markets, but perhaps I was really tired, I'm heading towards dropping them. Although it is a sale in the short term, it is highly possible that Japanese yen sales will not stop if you look at it in units of 10 or 20 years. Let's take a look at the current market price.

The Japanese yen as of March 2022 continues to be sold. It is also an abnormal situation where there is almost no return and it continues to be sold unilaterally. This is a very rare phenomenon and shows that the theory of "buying Japanese yen in an emergency" has completely collapsed.

In Japan, the Prime Minister changed from Yoshihide Suga to Fumio Kishida in October 2021. Since the change of Prime Minister, the fall of Japanese stocks and the Japanese yen has begun. Since the Kishida administration was inaugurated on October 4, the Nikkei Stock Average has fallen for eight consecutive business days until October 6 with the inauguration of the Kishida administration. This is the first time in about 12 years since July 2009.