What will happen to the “magma of a strong yen”?
2025-05-11 00:00:00
In early May, when the Japanese market was closed for the Golden Week holiday, a rare phenomenon occurred in the foreign exchange market. The Trump administration's policies and various speculations...stocks, bonds, exchange rates...the chain of events continues unabated. There are also signs that the yen exchange rate may be heading for a "biased movement." We consider scenarios on how this giant magma will move. (Saito Mitsutaka, Economics Department)
