Time to invest in yen?

[mdchachi]

In the news, I see that the yen is the cheapest it's been in over 20 years in relation to the dollar.
It's not clear to me what the fundamental reason is. Does it make sense to invest dollars into yen now?

 

[bentenmusume]

Apparently the reason has to do with the divergent policies of the national banks of Japan and the US regarding their currencies.

(source: Japanese yen could weaken to 135 per dollar in the 'very near future,' says Wells Fargo)

As for investing, I mean, all you can do is evaluate the current situation and future prospects based upon the information at hand, and make the decision that seems best for you, yes?

 

[thomas]

In the news, I see that the yen is the cheapest it's been in over 20 years in relation to the dollar.
It's not clear to me what the fundamental reason is. Does it make sense to invest dollars into yen now?

If the borders were open, you should have invested in a long sojourn in Japan, stayed at a fancy ryokan and enjoyed wagyū every day. Personally, I yearn for the days when the USD was in the 80 JPY range and hope that Wells Fargo's prediction doesn't turn out to be true.

 

[mdchachi]

Apparently the reason has to do with the divergent policies of the national banks of Japan and the US regarding their currencies.

(source: Japanese yen could weaken to 135 per dollar in the 'very near future,' says Wells Fargo)

As for investing, I mean, all you can do is evaluate the current situation and future prospects based upon the information at hand, and make the decision that seems best for you, yes?

Yes of course but it's easier if somebody else does all the leg work for me to get the relevant information and do the relevant analysis. That's what the Internet is for, right?

 

[bentenmusume]

That's what the Internet is for, right?

I always thought the purpose of the Internet was for posting cat memes, but you may be right.

 

[Grandpa Frank]

My cat meme collection is about to reach 5000 , LOL.