Japan Balance of Trade
Between 1980 and 2010, Japan had consistently posted annual trade surpluses, resulted in an increase in its exports. After the Fukushima nuclear accident, the country was compelled to boost its purchases of fossil fuels and gas due to the weakening yen. As a result, the trade balance went from positive to negative in 2011. Japan's trade balance returned to surplus in 2016 and 2017, however, in 2018 and 2019, the country's trade balance swung back into deficit as a result of ongoing trade tensions between the United States and China, as well as the weak global economy. In 2019, Japan had the largest trade surpluses with the United States, Hong Kong, South Korea, Taiwan, Singapore, and the Netherlands. The countries with the largest trade deficits were China, Australia, Saudi Arabia, the United Arab Emirates, and Qatar.
A higher than expected figure should be seen as positive (bullish) for the JPY while a lower than expected figure should be seen as negative (bearish) for the JPY.
Forex Sentiment (JPY)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDJPY |
|
|
144.8882 -334 pips |
149.4114 -118 pips |
148.233 | |
| GBPJPY |
|
|
196.3083 -444 pips |
199.0782 +167 pips |
200.752 | |
| EURJPY |
|
|
167.5035 -672 pips |
171.9679 +225 pips |
174.222 | |
| AUDJPY |
|
|
95.7706 -221 pips |
98.4025 -43 pips |
97.976 | |
| CADJPY |
|
|
105.1114 -226 pips |
108.7332 -136 pips |
107.371 | |
| NZDJPY |
|
|
86.0948 -98 pips |
87.9757 -90 pips |
87.073 | |
| CHFJPY |
|
|
180.3910 -636 pips |
184.3504 +240 pips |
186.755 | |
| SGDJPY |
|
|
115.1495 -33 pips |
115.1316 +35 pips |
115.481 | |
| NOKJPY |
|
|
14.8800 -11 pips |
13.2700 +172 pips |
14.990 | |
| ZARJPY |
|
|
8.4330 -7 pips |
8.2733 +23 pips |
8.504 |
News (JPY)
Japan Producer Prices Slip 0.2% In August
Producer prices in Japan were down 0.2 percent on month in August, the Bank of Japan said on Thursday.
RTTNews | 7 days ago
Japan July Current Account Surplus Y2.684 Trillion
Japan posted a current account surplus of 2.684 trillion yen in July, the Ministry of Finance said on Monday.
RTTNews | 10 days ago
Japan Bank Lending Jumps 3.6% On Year In August
Overall bank lending in Japan was up 3.6 percent on year in August, the Bank of Japan said on Monday - coming in at 646.058 trillion yen.
RTTNews | 10 days ago
