Nikkei up over 12,000 points since PM Takaichi took over.View attachment 242763
Back to start at 159.9 against USD
Watch Japan's LDP "BANZAI" in parliament, cheering for PM Takaichi after dissolving parliament
Japanese Yen rallied from 159 to 156 against USD within a day.
Nikkei will likely go up tomorrow.
Yen surge means gomen must pay more in interest.
the cheap ¥ fuels toyota, nissan, subaru, mazda and honda sexports. auto cumpanies in jippun control the narrative in jp politics and generously fund their candidates’ campaigns. thus they prefer a weaker yen. however, other zaibatsu’s are losing their sexport competitiveness and prefer a stronger yen for import reasons as they renew focus on the domestic market. jp is also facing energy price inflation due to reliance on oil and gas as the fuckyushima disaster dealt a major blow to nuclear energy or any new plans using nuclear power. a stronger yen will curtail this enormous inflationary pressure and also curb sexcessive unwanted cheap tourism.Yen surge means Japanese goods less competitive
Really Banzai Banzai

All resources imported into Dai Nippon Kekokku will Huat Kah LiaoYen surge means Japanese goods less competitive
