As a result of global trade tensions, imports into Japan fell by 5% in 2019 compared to the previous year's record high. Mineral fuels (22% of total imports), with petroleum accounting for 10% and LNG accounting for 6%; electrical machinery (15%) on the back of telephony, telegraphy, and semiconductors; chemicals (10%) on the back of medical products and organic chemicals; machinery (10%) in particular computers and units; and food products (9%) such as meat and meat preparations; manufactured products (9%) on non-ferrous metals; and raw materials (6%) mainly ore of non-ferrous and iron ore and concentrates. In terms of import partners, Japan's most important partners were China (23% of total imports), the EU (12%), with Germany in particular (3%), the United States (11%), Australia (6%), South Korea (4%) Saudi Arabia (4%), Taiwan (4%) the United Arab Emirates (4%), 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 |
|
|
143.2185 -600 pips |
147.0466 +217 pips |
149.217 | |
| GBPJPY |
|
|
175.8138 -443 pips |
181.3290 -109 pips |
180.24 | |
| EURJPY |
|
|
148.9649 -726 pips |
156.3549 -13 pips |
156.222 | |
| AUDJPY |
|
|
91.6724 -255 pips |
94.8836 -66 pips |
94.221 | |
| CADJPY |
|
|
103.9750 -491 pips |
109.2127 -33 pips |
108.884 | |
| NZDJPY |
|
|
85.3731 -259 pips |
88.4152 -46 pips |
87.96 | |
| CHFJPY |
|
|
153.2307 -865 pips |
163.0354 -115 pips |
161.8813009646369 | |
| SGDJPY |
|
|
106.4842 -209 pips |
108.8722 -30 pips |
108.574 | |
| NOKJPY |
|
|
13.6084 -0 pips |
13.8068 -20 pips |
13.6106137535391 | |
| ZARJPY |
|
|
0 -771 pips |
8.0397 -33 pips |
7.7073 |
