The yen hit around 158.90 versus the dollar, pressured by heightening concern over a further deterioration of Japan's fiscal health as a potential election victory by the ruling bloc would likely lead to more aggressive fiscal spending.
https://mainichi.jp/english/articles/20260113/p2g/00m/0bu/027000c
7 Comments
Work, work, work is OK but spend,, spend, spend is a No No.
185.39 versus the Euro right now
Do you think the yen will get stronger in the (near)future?
And this is with trump’s stunt with Powell, just show how weak the yen is.
Just look at the breaches against the yen.
British pound: 214
Euro: 185
Swiss franc: 199
Singapore Dollar: 123
Can’t wait for 200 yen to the dollar 💴ðŸ˜
Come on Japan! Exchanging 50,000 yen a month to pay 300 dollars on my student loans is killing me here on my ALT salary.
Really weird to read “drop” when the number goes up. They should likely use different format (like 1/158) for the exchange rate if they want to say its dropping.