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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 |
|
|
143.8634 -244 pips |
148.4422 -213 pips |
146.308 | |
GBPJPY |
|
|
193.6787 -516 pips |
197.8654 +97 pips |
198.834 | |
EURJPY |
|
|
166.2282 -519 pips |
170.6820 +74 pips |
171.423 | |
AUDJPY |
|
|
93.3167 -235 pips |
96.3435 -68 pips |
95.664 | |
CADJPY |
|
|
104.5101 -231 pips |
108.5240 -170 pips |
106.820 | |
NZDJPY |
|
|
86.5133 -129 pips |
89.0038 -120 pips |
87.805 | |
CHFJPY |
|
|
177.5180 -657 pips |
181.3151 +277 pips |
184.087 | |
SGDJPY |
|
|
114.0543 -22 pips |
114.2763 +0 pips |
114.277 | |
NOKJPY |
|
|
0 -1449 pips |
13.9045 +59 pips |
14.491 | |
ZARJPY |
|
|
8.1890 -3 pips |
8.0642 +16 pips |
8.222 |