The rise of the Yen

Amigo

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Japan's currency is strengthening inexorably against the Dollar and the Euro.

I have been 3 years saving money to go to study Japanese in Japan. Well, in the last August you could buy 170 Yens with an Euro. Now you can buy only 120. It means that every Yen-valued thing you buy in Euros will cost arround 30% more!!
30% more than I expected just because the Yen rised. What a bad luck.:(
The money I have saved during 3 years has become almost 1/3 useless if I want to go to Japan to study there.
I have my hopes and I'm confident that it will return in at least 150 yens each Euro.
Tourism in Japan from Euro/Dollar-countries would decrease a lot. And Exportation products too.
What's your opinion?:?
 
I think my faith in the US reached an all-time low when the USD was tanking against the yen, euro, and GBP (when the euro was worth over $1.50, and GBP worth over $2.00). Now it's just tanking against the yen, and Obama was elected which gives me a little more confidence.

I'm still bummed about this though; I'll have less and less money in savings when I try and find a job in Japan. I'm hoping I'll get into the JET program (sent my application in on Saturday) so I don't have to look for a different job.

If I get in, I'll probably be glad the yen is strong against the dollar. Hell, I bet anyone living in Japan is glad that the yen is strong.
 
If I get in, I'll probably be glad the yen is strong against the dollar. Hell, I bet anyone living in Japan is glad that the yen is strong.

That's right. Good chance for Japanese people to go touring round America and Europe.
 
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