The yen weakens to $0.0064 as the Bank of Japan postpones rate hikes, prompting a sell-off in yen and dollar buying on Dec. 19.
1Mr.Shoko★.Dec. 19, 2024 (Thu) 12:28:50.08ID:iHfMIrN59
Yen continues to weaken after Bank of Japan decides not to raise interest rates | NHK | Finance
December 19, 2024 12:10
In the Tokyo foreign exchange market on the 19th, the Bank of Japan decided not to raise interest rates at its monetary policy meeting, leading to a trend of selling yen and buying dollars, with the yen temporarily dropping to the 155 yen range per dollar for the first time in about a month. The Bank of Japan held a two-day monetary policy meeting until the 19th and decided to postpone any further interest rate hikes. In response to this, in the Tokyo foreign exchange market, there was a trend to sell yen and buy dollars due to the observation that the interest rate gap between Japan and the United States was unlikely to narrow, and the yen temporarily fell to the 155 yen to the dollar range for the first time in about a month. Market participants are (omitted)
*See source for full text.
December 19, 2024 12:10
In the Tokyo foreign exchange market on the 19th, the Bank of Japan decided not to raise interest rates at its monetary policy meeting, leading to a trend of selling yen and buying dollars, with the yen temporarily dropping to the 155 yen range per dollar for the first time in about a month. The Bank of Japan held a two-day monetary policy meeting until the 19th and decided to postpone any further interest rate hikes. In response to this, in the Tokyo foreign exchange market, there was a trend to sell yen and buy dollars due to the observation that the interest rate gap between Japan and the United States was unlikely to narrow, and the yen temporarily fell to the 155 yen to the dollar range for the first time in about a month. Market participants are (omitted)
*See source for full text.
日銀 追加利上げ見送り受け 円安進む | NHK
【NHK】19日の東京外国為替市場、日銀が金融政策決定会合で追加の利上げを見送ったことを受けて、円を売ってドルを買う動きが進み、円…
www3.nhk.or.jp
35Anonymous Donburako.Dec. 19, 2024 (Thu) 12:34:33.68ID:WAglfFYR0
>>1
Japanese people’s assets are steadily being destroyed!
What are they doing, Bank of Japan! Government!
If this isn’t a sudden change, then what is it?
If we leave it alone, domestic assets will flow overseas at an accelerating rate!
Japanese people’s assets are steadily being destroyed!
What are they doing, Bank of Japan! Government!
If this isn’t a sudden change, then what is it?
If we leave it alone, domestic assets will flow overseas at an accelerating rate!
60Anonymous Donburako.Dec. 19, 2024 (Thu) 12:38:08.12ID:3CqWSzTP0
>>1
Seriously!!! Real GDP has gone up!
Thanks to the weak yen!
[Breaking News] Japan’s real GDP grows at 3.1% annually [No thanks★]
asahi.2ch.net/test/read.cgi/newsplus/1723682998/
‘.
Seriously!!! Real GDP has gone up!
Thanks to the weak yen!
[Breaking News] Japan’s real GDP grows at 3.1% annually [No thanks★]
asahi.2ch.net/test/read.cgi/newsplus/1723682998/
‘.
5Anonymous Donburako.Dec. 19, 2024 (Thu) 12:29:22.21ID:1x1dj1AP0
Abe’s baby is coming.
50Anonymous Donburako.Dec. 19, 2024 (Thu) 12:36:32.45ID:3CqWSzTP0
>>5
No way.
No way.
6Anonymous Donburako.Dec. 19, 2024 (Thu) 12:29:24.41ID:WDGZ76290
The Bank of Japan is truly incompetent.
7Anonymous Donburako.Dec. 19, 2024 (Thu) 12:29:42.22ID:Kol3nWsu0
The world of a weak yen has taken root. We’ve fallen into disrepair.
9Anonymous Donburako.Dec. 19, 2024 (Thu) 12:29:58.69ID:kn6loCsc0
If you have nothing to do, go home.
11Anonymous Donburako.Dec. 19, 2024 (Thu) 12:30:12.85ID:CiIV2C7a0
It’s a strict policy to weaken the yen.
12Anonymous Donburako.Dec. 19, 2024 (Thu) 12:30:14.33ID:vtj6NEvt0
It costs 200 yen.
13Anonymous Donburako.Dec. 19, 2024 (Thu) 12:30:24.39ID:DJaU//oA0
Hurry up and raise interest rates.
14Anonymous Donburako.Dec. 19, 2024 (Thu) 12:30:24.43ID:20u3RppM0
Of course, it would be foolish to raise interest rates in the current situation.
15Anonymous Donburako.Dec. 19, 2024 (Thu) 12:30:38.03ID:WrsZxFKP0
It’s confirmed that we’ll be getting even more messed up by foreigners coming to Japan in the future.
16Security guard [lv.30].Dec. 19, 2024 (Thu) 12:30:52.11ID:LzltGQhN0
The amount of Christmas presents and cake I got for my kids was 1.5 times what it was last year.
17Anonymous Donburako.Dec. 19, 2024 (Thu) 12:31:02.95ID:91JVDd4U0
The beginning of the end.
19Security Guard [lv.8] [Sprout].Dec. 19, 2024 (Thu) 12:31:04.68ID:rdVh4LsG0
That’s bad.
20Anonymous Donburako.Dec. 19, 2024 (Thu) 12:31:16.17ID:YLLXW1AD0
Takuro Morinaga: “Trump’s strong yen will push the exchange rate to 70 yen to the dollar.”
21Anonymous Donburako.Dec. 19, 2024 (Thu) 12:31:18.28ID:cp0upGz70
I’m shocked when Ueda shows up, what’s up with this guy?
23Anonymous Donburako.Dec. 19, 2024 (Thu) 12:31:56.26ID:DPIsYnOP0
The Ministry of Finance and the Bank of Japan are shit. The fault lies with the Komeito Party’s stooges that nest within the Liberal Democratic Party.
27Anonymous Donburako.Dec. 19, 2024 (Thu) 12:32:44.37ID:Wm86Rosq0
>>23
So the Komeito Party is not shit.
So the Komeito Party is not shit.
25Anonymous Donburako.Dec. 19, 2024 (Thu) 12:32:20.67ID:KXzS7Aw20
Wow, how much weaker will the yen get? Prices are going to be extremely high.
26Anonymous Donburako.Dec. 19, 2024 (Thu) 12:32:37.08ID:2lYq5aHv0
Heading straight for the Zimbabwean dollar against the yen.
30Anonymous Donburako.Dec. 19, 2024 (Thu) 12:33:22.48ID:J6StVPbA0
>>26
So it’s Zimbabwean yen.
So it’s Zimbabwean yen.
29Anonymous Donburako.Dec. 19, 2024 (Thu) 12:33:02.02ID:J6StVPbA0
You guys are criticizing Ueda, but you also criticized the Bank of Japan when Kuroda was in charge before him, and when Shirakawa was in charge before Kuroda, right? Lol.
31Anonymous Donburako.Dec. 19, 2024 (Thu) 12:33:23.74ID:AkRD3uZt0
Favoring the rich who own stocks over ordinary people. This will widen the gap between rich and poor and worsen public safety.
32Anonymous Donburako.Dec. 19, 2024 (Thu) 12:33:25.98ID:4KCj9pBB0
Well, I guess we can’t give it in the current situation. There are too many Japanese people with low intellectual levels.
33Anonymous Donburako.Dec. 19, 2024 (Thu) 12:33:38.65ID:cp0upGz70
No matter how you look at it, it seems unlikely that the prices of rice and food will rise by more than 2%.
36Anonymous Donburako.Dec. 19, 2024 (Thu) 12:34:42.25ID:KXzS7Aw20
Abe and Kuroda’s legacy is amazing! Even if I have a NISA, it’s really just a defense of my assets, and because of the weak yen, the US and SP500 are at high prices lol help me (´；ω；`).
37Anonymous Donburako.Dec. 19, 2024 (Thu) 12:34:46.94ID:bnruZjr30
This would be about 200 yen for gas.
38Anonymous Donburako.Dec. 19, 2024 (Thu) 12:34:52.48ID:6XTKRwMs0
It’s over.
39Anonymous Donburako.Dec. 19, 2024 (Thu) 12:35:01.84ID:zhbYO2mF0
This was the beginning of a global depression that would not just lead to interest rate hikes.
40Anonymous Donburako.Dec. 19, 2024 (Thu) 12:35:12.41ID:2U5V7T7t0
It depends on whether interest rates can be raised next month and how many executive orders Trump will issue.
42Anonymous Donburako.Dec. 19, 2024 (Thu) 12:35:24.90ID:xHKCFFwk0
It’s because the government won’t increase subsidies. It doesn’t even need subsidies, half of the workers should be civil servants. There’s no need to make a profit from water, electricity, or food.
46Anonymous Donburako.Dec. 19, 2024 (Thu) 12:36:06.74ID:2kClVN6G0
If interest rates were to be raised now, something worse than the Ueda shock in the summer would occur.
51Anonymous Donburako.Dec. 19, 2024 (Thu) 12:36:45.41ID:mjTqGKU20
Is the Bank of Japan a group of amateurs?
59Anonymous Donburako.Dec. 19, 2024 (Thu) 12:38:03.36ID:t4JfXQOv0
Real interest rates are over minus 2% and the people are getting poorer and poorer.
71Anonymous Donburako.Dec. 19, 2024 (Thu) 12:39:23.83ID:HNMBA3LA0
Looks like it’ll go up to 160 yen again.
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