5 thoughts on “In the future, can the yen become a "hedging currency"?”
Tasha
In the future, the yen cannot be a hedging currency. The reason is the following three points. . The yen quickly depreciates Is when the political geopolitical crisis in the past world, such as the Syrian war, such as the Japanese earthquake, etc., the Japanese yen will have greatly appreciated, becoming many investors and institutions to buy The stablecoin, because the appreciation of the yen will bring them benefits. But since the outbreak of the Russian and Ukraine conflict. The yen should also play a role of stable currency. However, it is unexpected that the yen has depreciated sharply. Many investors sell the yen. The direct reason is that Japan follows Western countries to participate in sanctions against Russia. As a result, the problem of energy in Japan has caused investors' concerns about the Japanese economy. Most of Japan's natural gas, oil and coal and other mineral resources come from Russia. Once they are enemies with Russia, it will seriously affect Japan's economic and social stability Essence Therefore, the decline in the yen is due to the influence of the situation in Russia and Ukraine, and the yen depreciates sharply, indicating that the volatility of the yen is not worth the yen. Then it can't be stable coins. . The depreciation of the yen is affected by the Federal Reserve's interest rate hike has another factor in the significant depreciation of the yen, that is, the Fed implemented a interest rate hike policy, and the US dollar deposit interest rate increased. Then everyone will invest in the US dollar, so funds flow from Japan to the United States. And because Japan implements quantitative loose monetary policy and the yen yields are low, investors will naturally not invest in the yen. This also led to a sharp depreciation of the yen. . The economy of Japan is weak The economic development in Japan has been very optimistic in recent years. Once a negative growth appeared. And the cost of living in Japanese citizens is high. Therefore, their desire for consumption is not so strong. This has led everyone to deposit the money into the bank and do not consume. As a result, the liquidity of the yen was paid. The sharp depreciation of the yen naturally cannot become stable coins, which is inseparable from the economic development of Japan. In comprehensive: The yen cannot be the above three reasons for the stable currency.
In the future, the yen cannot be a hedging currency. From external factors, as Japan and Russia's energy trade exchanges decrease, coupled with the depreciation of the Federal Reserve ’s interest rate hike on the yen exchange rate, the yen risk is high. In terms of internal factors, Japan's industrial structure itself is not perfect, and the domestic economic development is relatively sluggish. Japan's economy does not have sustainability, and the value of natural yen will not be too high. rn总有的人老是想把日元当成避险货币，这种观念也许要改一改，从08年金融危机以来，很多国际买家都愿意买一些日用自己的坚挺告诉国际Buyers, this approach is right; since the new crown epidemic, many international buyers have bought the yen to avoid risk, and the yen has also appreciated all the way. However, with the emergence of some international turmoil, the Japanese yen has begun to depreciate. In addition to external factors, the internal factors of Japan are also an important reason. There are reasons for depreciation, and the reason is sufficient. Therefore, the Japanese yen will definitely be sure in the future. Can't be a hedging currency. In external factors: Trade reduction and the impact of the Federal Reserve's interest rate hikes have caused the yen to avoid risks. does not have no reason to sell currency. With the conflict of geopolitics, Japan and Russia's energy trade about energy trade will also be The reduction, this disguise has affected certain economic industries in Japan, and the Japanese yen naturally has become the target of selling. In addition, the Federal Reserve's interest rate hike is common for global currencies. The same is true for the yen. As the US dollar returns to the United States in large quantities, the value of natural yen is not so high, and in the end Dangerous currency. In internal factors: The economic slumped causes the yen to avoid risk Except for these external factors just mentioned, the internal factors of Japan's country are the fundamental reason that the yen cannot avoid risks. Japan is originally a consumption consumption. For countries that are not well developed, as more and more industries have shifted to countries such as Southeast Asia, the manufacturing industry in Japan can be said to be extremely sluggish. In addition, Japan is an extremely serious country. It means that the sustainable economic development of Japan is relatively weak. The endogenous economy is not too healthy, which means that the yen cannot always be relatively strong, which also causes the yen to not be able to become a risk aversion currency.
This future is mainly the ability to look at the economy. The economies of various countries are not optimistic now. So I am not optimistic about the future of the yen as a hedging currency.
In the future, the yen cannot be a hedging currency. The reason is the following three points.
. The yen quickly depreciates
Is when the political geopolitical crisis in the past world, such as the Syrian war, such as the Japanese earthquake, etc., the Japanese yen will have greatly appreciated, becoming many investors and institutions to buy The stablecoin, because the appreciation of the yen will bring them benefits. But since the outbreak of the Russian and Ukraine conflict. The yen should also play a role of stable currency. However, it is unexpected that the yen has depreciated sharply. Many investors sell the yen. The direct reason is that Japan follows Western countries to participate in sanctions against Russia. As a result, the problem of energy in Japan has caused investors' concerns about the Japanese economy. Most of Japan's natural gas, oil and coal and other mineral resources come from Russia. Once they are enemies with Russia, it will seriously affect Japan's economic and social stability Essence Therefore, the decline in the yen is due to the influence of the situation in Russia and Ukraine, and the yen depreciates sharply, indicating that the volatility of the yen is not worth the yen. Then it can't be stable coins.
. The depreciation of the yen is affected by the Federal Reserve's interest rate hike
has another factor in the significant depreciation of the yen, that is, the Fed implemented a interest rate hike policy, and the US dollar deposit interest rate increased. Then everyone will invest in the US dollar, so funds flow from Japan to the United States. And because Japan implements quantitative loose monetary policy and the yen yields are low, investors will naturally not invest in the yen. This also led to a sharp depreciation of the yen.
. The economy of Japan is weak
The economic development in Japan has been very optimistic in recent years. Once a negative growth appeared. And the cost of living in Japanese citizens is high. Therefore, their desire for consumption is not so strong. This has led everyone to deposit the money into the bank and do not consume. As a result, the liquidity of the yen was paid. The sharp depreciation of the yen naturally cannot become stable coins, which is inseparable from the economic development of Japan.
In comprehensive: The yen cannot be the above three reasons for the stable currency.
In the future, the yen cannot be a hedging currency. From external factors, as Japan and Russia's energy trade exchanges decrease, coupled with the depreciation of the Federal Reserve ’s interest rate hike on the yen exchange rate, the yen risk is high. In terms of internal factors, Japan's industrial structure itself is not perfect, and the domestic economic development is relatively sluggish. Japan's economy does not have sustainability, and the value of natural yen will not be too high. rn总有的人老是想把日元当成避险货币，这种观念也许要改一改，从08年金融危机以来，很多国际买家都愿意买一些日用自己的坚挺告诉国际Buyers, this approach is right; since the new crown epidemic, many international buyers have bought the yen to avoid risk, and the yen has also appreciated all the way. However, with the emergence of some international turmoil, the Japanese yen has begun to depreciate. In addition to external factors, the internal factors of Japan are also an important reason. There are reasons for depreciation, and the reason is sufficient. Therefore, the Japanese yen will definitely be sure in the future. Can't be a hedging currency.
In external factors: Trade reduction and the impact of the Federal Reserve's interest rate hikes have caused the yen to avoid risks.
does not have no reason to sell currency. With the conflict of geopolitics, Japan and Russia's energy trade about energy trade will also be The reduction, this disguise has affected certain economic industries in Japan, and the Japanese yen naturally has become the target of selling. In addition, the Federal Reserve's interest rate hike is common for global currencies. The same is true for the yen. As the US dollar returns to the United States in large quantities, the value of natural yen is not so high, and in the end Dangerous currency.
In internal factors: The economic slumped causes the yen to avoid risk
Except for these external factors just mentioned, the internal factors of Japan's country are the fundamental reason that the yen cannot avoid risks. Japan is originally a consumption consumption. For countries that are not well developed, as more and more industries have shifted to countries such as Southeast Asia, the manufacturing industry in Japan can be said to be extremely sluggish. In addition, Japan is an extremely serious country. It means that the sustainable economic development of Japan is relatively weak. The endogenous economy is not too healthy, which means that the yen cannot always be relatively strong, which also causes the yen to not be able to become a risk aversion currency.
It is difficult to become risk aversion currency in the future because the yen has depreciated in continuity.
This future is mainly the ability to look at the economy. The economies of various countries are not optimistic now. So I am not optimistic about the future of the yen as a hedging currency.
I think it is unlikely, but RMB can become a hedging currency.