Analysis of USDJPY Price Fluctuations -- Based on the Huge Fluctuations in the First Fall of 2022
DOI:
https://doi.org/10.54691/bcpbm.v29i.2278Keywords:
Impossible Triangle, USDJPY, Depreciation, Safe-haven currency, Yield curve control (YCC)Abstract
This paper focuses on the analysis using currency-related theories represented by the Mundell-Fleming model for the change in the price of USDJPY from the beginning of 2022 to the present. While incorporating special current events changes, the author pays attention to the impact of the traditional safe-haven currency status on the changes in the yen’s exchange rate and makes a reasonable forecast of its future trend.
Downloads
References
Bekaert, Geert, and Robert J. Hodrick. International Financial Management. Cambridge University Press, 2018, p. 366.
“Currency Exchange Rates.” Trading economics.com, 2019, tradingeconomics.com/currencies.
Han Xuyang. Goldman Sachs: The Bank of Japan will also carry hard and carry out the YCC to the end. Wall Street Insight, 28 June 2022, wallstreetcn.com/articles/3663251.
N Gregory Mankiw. Macroeconomics. 7th ed., Worth Publishers, 1997, p. 364.
Downloads
Published
Issue
Section
How to Cite
