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JPY Trade Index 29-Year Chart

by Ashraf Laidi
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The yen's trade-weighted index is calculated using the weighted geometric average of the yen's exchange rates against 15 major currencies. The weights are based on the average of Japans relative exports to trading partner. The yen's exchange rates are deflated by the price indices of Japan and the corresponding countries and regions to calculate the real exchange rate. The weights are based on 2005 trade data, with a base 100 value set from March 1973.

The basket comprises 15 countries, with the main components as follows: U.S. 25.8%; China 15.4%; Eurozone 12.4%; Korean Republic 8.9%; Taiwan 8.4%; Hong Kong 6.9%; Thailand 4.3%; Singapore 3.6%, U.K. 2.9%.



 
    Comments By Users (13)   (View All Comments)    Post a comment

Shah


June 30, 2010 05:47 ET
What is the ticker to get the current price for the Yen trade weighted index?

Thanks
Emad
Palestine

May 18, 2010 13:25 ET
To: Mr. Ahamd From Fortunate Management company,

Sir, Maybe your firm is worthy, but I think it is not Ethical to choose the blog of Mr. Laidi for advertising purposes. The man invest from his own time to share with us his valuable analysis and commentaries, so I will appreciate if we as a group in this "Mobarak" site keep things professionally.

May God bless your Business
mabedi
mashhad, Iran

May 12, 2010 03:54 ET
Member since Feb 2009
Hi ashraf laidi ,
I think usdjpy travel into 100.80 first and then 110.66
what do you think?
said
mulhouse, France

April 13, 2010 15:50 ET
Member since Aug 2009
he might talk about a paneuropean deal
Ashraf Laidi
London, UK

April 13, 2010 13:44 ET
edi, you're assuming there's a lot of japanese money already out abroad which i dont really see. last wave of yen strength was mainly on speculative buys into yen rather than unwinding. Basically im saying lots of the money is already unwound. i still see sub 86 USDJPY after August.

Ashraf
edi
tokyo, Japan

April 12, 2010 23:07 ET
Member since Nov 2009
Salut Ashraf.

My question is this: given the 'supposed' size of Japanese Mrs. Watanabes still active in forex, and given the hightened risk in here-to-fore safe assets like Euro bonds and U.S. bonds, is it 'unreasonable' to assume the JPY could trade down to 75 or 65 ? I have to think it would take massive fear on the part of the Japanese to repatriate their JPY thus bidding up their currency.

I only bring this up due to the long term trend (1997+), if we draw some channel lines, and 87 and 82 levels are violated, I could see those lows being possible.

Thanks for your terrific info and work.
PippedOff
Canada

February 19, 2010 11:21 ET
BTW, for those of you who really dont think trades are made and billions of dollars are made on knowledge of non-public information:

The upward spike in USD/JPY came just a few hours before the FED's "surprise" announcemet yesterday. Gee, who knew? GOLDman?
PippedOff
Canada

February 4, 2010 10:07 ET
I'm waiting for Goldman to tell me what else they want me to take off their hands....
fastpips
surrey, Canada

February 4, 2010 00:38 ET
Member since Mar 2009
I have been trading with CMC Markets for almost three years and I am a very satisfied client. I also have accounts with other brokers as well, but my main account (with decent funds) is with CMC Markets.

Samso
Ashraf Laidi
London, UK

February 3, 2010 20:19 ET
sas, 2 pips on EURUSD USDJPY and 3 on cable.

Ashraf

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