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  • Current JPY exchange rates

    (average = 1990 to 2016)

    forex jpyhistory
  • Changes in JPY cross rates

    (%)

    forex jpytrends
  • Penrich JPY index

    (1 Jan 1999 = 100)

    forex jpypenrich
  • USD/JPY

    (JPY per USD)

    forex usdjpylt
  • EUR/JPY

    (JPY per EUR)

    forex eurjpylt
  • GBP/JPY

    (JPY per GBP)

    forex gbpjpylt
  • CHF/JPY

    (JPY per CHF)

    forex chfjpylt
  • SEK/JPY

    (JPY per SEK)

    forex sekjpylt
  • NOK/JPY

    (JPY per NOK)

    forex nokjpylt
  • CAD/JPY

    (JPY per CAD)

    forex cadjpylt
  • AUD/JPY

    (JPY per AUD)

    forex audjpylt
  • NZD/JPY

    (JPY per NZD)

    forex nzdjpylt

 

Please click below for our latest research that discusses the Japanese yen.

 

  • FX Notes

    catImgFXNotes
    The yen is weak in real terms. High competitiveness, high interest rate differentials and Japan's safe-haven status leave us comfortable being long JPY, looking for a further 10% appreciation. download »
  • Financial Forecasts

    catImgForcasts
    NOK, SEK, JPY and AUD are lower than is likey to be sustained. As inflation rises and is sustained, central banks will switch to tightening policy, despite modest growth. As this moves into view, a major re-pricing of bonds will take place. download »
  • Markets

    catImgMarkets
    JPY is well below its real mean. Markets price in little chance of a change in policy rates in the coming two years. Yields have nudged up; spreads, already higher than normal, are steady. Equities have outperformed. download »
  • Investing

    catImgInvesting
    Easy policy may last until demand and inflation rise durably, urging change. Bond yields stand to rise less than global yields but have less downside risk. Fundamentals support JPY as does its “safe haven” status. download »