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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 |
|
|
143.8618 -243 pips |
148.4383 -215 pips |
146.290 | |
| GBPJPY |
|
|
193.6785 -520 pips |
197.8667 +101 pips |
198.880 | |
| EURJPY |
|
|
166.2305 -521 pips |
170.6833 +76 pips |
171.443 | |
| AUDJPY |
|
|
93.3184 -237 pips |
96.3430 -66 pips |
95.686 | |
| CADJPY |
|
|
104.5101 -232 pips |
108.5204 -169 pips |
106.832 | |
| NZDJPY |
|
|
86.5133 -135 pips |
89.0033 -114 pips |
87.860 | |
| CHFJPY |
|
|
177.5180 -657 pips |
181.3209 +277 pips |
184.090 | |
| SGDJPY |
|
|
114.0543 -22 pips |
114.2763 +0 pips |
114.277 | |
| NOKJPY |
|
|
0 -1449 pips |
13.9045 +59 pips |
14.492 | |
| ZARJPY |
|
|
8.1890 -3 pips |
8.0642 +16 pips |
8.224 |
News (JPY)
Japan M2 Money Stock Jumps 0.9% On Year In June
The M2 money stock was up 0.9 percent on year in June, the Bank of Japan said on Wednesday - coming in at 1,268.4 trillion yen.
RTTNews | 19h 6min ago
Japan June Bank Lending Climbs 2.8% On Year
Overall bank lending in Japan was up 2.8 percent on year in June, the Bank of Japan said on Tuesday - coming in at 639.746 trillion yen.
RTTNews | 1 day ago
Japan Household Spending Climbs 4.7% On Year In May
The average of household spending in Japan was up 4.7 percent on year in May, the Ministry of Economy, Trade and Industry said on Friday - coming in at 316,085 yen.
RTTNews | 5 days ago
