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Japan Exports YoY
Since 1960, exports of high-technology products have been the primary driver of Japan's economic growth. Approximately 19% of overall GDP is accounted for by exports. Due to global trade tensions, exports decreased by 5.6% in 2019 compared to the previous year's record high. Among the most important exports were transport equipment (24% of total exports), motor vehicles (16%) machinery (20%), on the back of power generating machine and semicon machinery, electrical machinery (17%), which included semiconductors, integrated circuits, and electrical apparatus, chemicals (11%), which included plastic materials and organic chemicals, and manufactured goods (11%), such as iron and steel products, nonferrous metals and manufactures of metals. Japan's primary export partners were the United States (20%), China (19%), the European Union (12%), Germany (3%) South Korea (7%) Taiwan (6%) Hong Kong (5%) and Thailand (4%).
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 |
|
|
141.9002 -258 pips |
147.5635 -308 pips |
144.479 | |
GBPJPY |
|
|
191.8737 -539 pips |
196.2376 +102 pips |
197.261 | |
EURJPY |
|
|
164.9083 -526 pips |
168.7418 +143 pips |
170.173 | |
AUDJPY |
|
|
92.3157 -233 pips |
96.0611 -142 pips |
94.642 | |
CADJPY |
|
|
103.8934 -232 pips |
107.9108 -170 pips |
106.210 | |
NZDJPY |
|
|
86.4648 -101 pips |
88.6783 -120 pips |
87.474 | |
CHFJPY |
|
|
174.8677 -721 pips |
180.1770 +190 pips |
182.077 | |
SGDJPY |
|
|
112.3415 -104 pips |
113.1373 +24 pips |
113.379 | |
NOKJPY |
|
|
0 -1433 pips |
13.2700 +106 pips |
14.329 | |
ZARJPY |
|
|
8.1890 -0 pips |
8.0561 +14 pips |
8.193 |