Dislikedor down. any kind of risk event, even bad news for japan, seems to result in buying yen, despite japans economy being in the shitter for 10 years, the market still blindy buys yen, i have no clue why, makes no sense to me what so everIgnored
I bet the reason is that REAL interest rate is the highest among ALL majors
Last time i checked, it was around 2.6% a year. (inflation came out to be a huge negative, -2.5%)
Yes, that real interest rate is higher than USD, EUR, AUD, you name it