{"id":14601,"date":"2010-10-31T08:01:01","date_gmt":"2010-10-31T12:01:01","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=14601"},"modified":"2010-10-31T08:01:01","modified_gmt":"2010-10-31T12:01:01","slug":"an-in-depth-look-at-the-japanese-yen-in-forex","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/10\/31\/an-in-depth-look-at-the-japanese-yen-in-forex\/","title":{"rendered":"An In-Depth Look At The Japanese Yen In Forex"},"content":{"rendered":"<p><strong>By James McKee<\/strong><\/p>\n<p>Japan has a very respectable position in the world&#8217;s economy as  possessing the world&#8217;s third largest GDP. This gives Japan the  predominant identity of an exporting nation, which it is. Any rise in  the value of the Yen makes Japanese exports less appetizing to importing  nations because those imports become more expensive. The bank of Japan  has recently been making large efforts to reduce the value of its  currency wherever possible in an effort to boost export rates. Forex  exchange traders have been watching the bank of Japan issues a semi  annual report in April and October that detail their upcoming  predictions with regard to several possible developments for the Yen.<\/p>\n<p>The overall Outlook Report makes predictions about where the interest  rate is headed and speculates on the overall GDP of the country for the  upcoming 6 months. The CPI is the consumer price index or the price  increase experienced by consumers. Industrial production refers to the  overall number of products produced in factories in the country.  Increased levels of production indicate a growing economy, while a  decrease indicates a possible slowdown for that economy. The Japanese  economy overall has suffered tremendous problems in regard to its  currency increasing in value and as a result has suffered a decreased  rate of exports.<\/p>\n<p>Japan is responsible for many of the world&#8217;s high tech innovations  including hybrid cars, advanced computers and electronics and many other  items. Due to this the Japanese Yen is incredibly vital within the  Forex market. Its inherent sensitivity with regard to import\/export  levels fluctuating makes the Japanese Yen a great currency to pair. The  bank of Japan&#8217;s recent intervention measures have been clear indicators  to Forex traders that it is time to examine the currency closely and  pair it a stable currency such as the Canadian Dollar. Happy Trading!<\/p>\n<h3>About the Author<\/h3>\n<p>Author is a Forex trader and financial analyst residing in  Denver, Colorado. To stay up to date on all the latest developments in  the financial world and beyond be sure to check out the <a href=\"http:\/\/forex.tradingcharts.com\/foreign_exchange_rates\/\">forex exchange rates<\/a> regularly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan has a very respectable position in the world&#8217;s economy as possessing the world&#8217;s third largest GDP. This gives Japan the predominant identity of an exporting nation, which it is. Any rise in the value of the Yen makes Japanese exports<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-14601","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=14601"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/14601\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=14601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=14601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=14601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}