{"id":19320,"date":"2011-02-13T00:24:06","date_gmt":"2011-02-13T05:24:06","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=19320"},"modified":"2011-02-13T00:24:06","modified_gmt":"2011-02-13T05:24:06","slug":"bank-of-japan-prepares-to-execute-an-intervention","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/02\/13\/bank-of-japan-prepares-to-execute-an-intervention\/","title":{"rendered":"Bank Of Japan Prepares To Execute an Intervention"},"content":{"rendered":"<div>\n<p><strong>By James McKee<\/strong><\/p>\n<p>The Japanese Yen has begun to rise against other major currencies,  and this signals some progress in the Bank Of Japan&#8217;s efforts regarding  devaluing of the Yen so as to curb inflation in an effort to increase  export revenues. Japan relies heavily on their exports and their economy  would suffer more than nearly any other would if inflation gets out of  control. What has already occurred in Japan has shut down factories and  caused higher unemployment, and in turn a rise in prices and poverty in  Japan. The number of poor people in Japan has also risen prompting the  government to step in with various social programs in an effort to stem  the flow of financial emergencies in the country.<\/p>\n<p>The Bank Of  Japan has lowered the interest rates as close to zero as it ever has,  despite this the JPY remains virtually unchanged. This is a bad sign for  Japan because their central bank is almost out of moves to make on  their behalf. The United States is currently unable to bail Japan out in  light of its own financial meltdown.<\/p>\n<p>The Yen dropped slightly  today but a correction is likely in the near future. Avoid pairing the  Yen with the USD because the USD has been in some serious trouble as of  late. The CHF still has some steam in it from the recent decreases in  their unemployment rate, considering Switzerland is relatively stable at  the moment it is a great currency to pair with the JPY. It is always  best to pair the JPY with the most stable currency available since the  JPY tends to be one of the most volatile currencies in the market. Those  on the forex currency exchange should watch the bank of Japan carefully for any new developments and stay up to date on any changes.<\/p>\n<\/div>\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\/\" target=\"_new\">forex exchange rates<\/a> regularly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Japanese Yen has begun to rise against other major currencies, and this signals some progress in the Bank Of Japan&#8217;s efforts regarding devaluing of the Yen so as to curb inflation in an effort to increase export revenues.<\/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-19320","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19320","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=19320"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19320\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=19320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=19320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=19320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}