Awesome video, John! So many hardworking people in Japan. I’m happy about the idea that the yen will strengthen and wages will go up. Thank you for the video and the update! We’ll see what happens!
Also, would love to see a video/live stream about the Nishi Koyama area in Shinagawa/Meguro sometime! There’s a charming shotengai with some shop owners with touching stories right outside the station. Thanks for all your hard work, John!
I personally think around 130-140 yen could be the sweet spot. It will increase the common people's purchasing power and lower import costs, but still able to keep export-oriented companies competitive
Aloha my brother. This is great news for Japan! O.50% is huge and I'm sure will help make things a little better there for everyone living in Japan. I'm sure the local businesses will appreciate a slight boost in sales activity from the residents. No more closing of ramen shops! Mahalo for sharing this information my bro. Have a great weekend! 🤙
Thanks John, great info on the Yen and bank of Japan. I really appreciate all of your content, it’s been helpful for planning our trip. My family and I will be in Tokyo/Osaka for the first time mid February. Keep up the great work!
I really admire the postman that climbs up mountains to deliver the mail. The devotion required to take on such a task is phenomenal. He is an inspiration to us all! 😊❤⛰️🏞️🌄📰🗞️✉️📪📬📨💌📦📫📝
Japanese people and government helps us so much during ongoing russo-Ukrainian war, so we all wish Japanese economy quickest recovery and prosperity. When it is possible, we with brothers in arms buy JPN products as a solidarity gesture, although it might be more expensive.
It would also be interesting to hear how the strengthening Yen affects other currencies such as CAD, AUD, Euro, Pound etc. How did you manage to get the cookies home in one piece? Or did you follow @Jason Bourgeois' advice and eat some to lighten the load? 😂
Note: it was a .25% rate hike taking it to 0.5 which is …. still insanely low by western standards. The yen sank again 4 hours after this! Hahaha! That’s the currency market, but I think rather than the yen’s weakness, it’s the dollar’s strength … politically, PM Ishiba has a fractured party, it’s not going to be easy to get things done unless they’re pressed by external forces like tariffs etc. it’s helps him IMO but time will tell. Ultimately this year, I do see the yen getting stronger and I see the dollar getting stronger but which will win out? It could be the case that if Japan does NOT strengthen the currency with action like this, it would dip below ¥160 or more if the US surges. It’s fun to see how the winds blow in the USDJPY market.
… Please, I don't think you should be making calls on what you think the currency rates will be and throw out numbers like 125 to 135, especially if you can't get the simple facts right that the rate hike was 25bps as opposed to 50bps. Just because the BOJ increased policy rates 25bps doesn't mean the yen will get stronger. The market consensus already factored that in, and adjusted currency rates accordingly a while back, thus this rate hike made almost zero difference to the market. There's a lot more that goes into determining currency exchange rates than a measly 25bps rate hike.
So what you're saying is that I need to start moving the money into our Yuucho account before the yen gets stronger. xDD I feel bad when I do that because our US savings account has 4% interest lol.
Selfishly, I hope the yen rate doesn't change too much, as we are thinking about buying a house there later this year. In any case, another great livestream from you. You have great energy, John.
Actually the biden admin wanted more inflation and prices to rise to make the US more dependent on the government. Fortunately we along with Trump took the trash out. Your welcome.
I hope the Yen strengthens higher for the Japanese people to flourish compared to the world. The other countries and foreigners have been taking advantage on the Japanese quite too long already. I'm glad it's time to change.
42 Comments
I hope japan gets a stronger yen tbh to make tourism growth more sustainable
Awesome video, John! So many hardworking people in Japan. I’m happy about the idea that the yen will strengthen and wages will go up. Thank you for the video and the update! We’ll see what happens!
Also, would love to see a video/live stream about the Nishi Koyama area in Shinagawa/Meguro sometime! There’s a charming shotengai with some shop owners with touching stories right outside the station. Thanks for all your hard work, John!
I personally think around 130-140 yen could be the sweet spot. It will increase the common people's purchasing power and lower import costs, but still able to keep export-oriented companies competitive
Good advice re: the cherry blossoms. Made that mistake in the past, but only once – you live and learn.
Hello all 👋
Aloha my brother. This is great news for Japan! O.50% is huge and I'm sure will help make things a little better there for everyone living in Japan. I'm sure the local businesses will appreciate a slight boost in sales activity from the residents. No more closing of ramen shops! Mahalo for sharing this information my bro. Have a great weekend! 🤙
JPY stronger against USD may have to do with people voted for certain dump dump to be president.
Thanks John, great info on the Yen and bank of Japan.
I really appreciate all of your content, it’s been helpful for planning our trip.
My family and I will be in Tokyo/Osaka for the first time mid February.
Keep up the great work!
The Trump effect is affecting the world in a good way!
Hopefully not. I need to be weak for May/June
Hotels are still expensive
I really admire the postman that climbs up mountains to deliver the mail. The devotion required to take on such a task is phenomenal. He is an inspiration to us all! 😊❤⛰️🏞️🌄📰🗞️✉️📪📬📨💌📦📫📝
Japanese people and government helps us so much during ongoing russo-Ukrainian war, so we all wish Japanese economy quickest recovery and prosperity. When it is possible, we with brothers in arms buy JPN products as a solidarity gesture, although it might be more expensive.
Thanks for the information John. Just order my yen. £1 = ¥184.91 at time of writing.
I send money back home to the US and it’s been so difficult lately because of the weak Yen. I really hope things change soon 😅
Ikebukuro: 1dollar =145.
Japan crying “over tourism.”
Donald Trump is pro Donald Trump.
can foreigners open savings accounts? id like to start putting money aside but i dont know how aside from just hoarding it in my room haha
In the last two years I paid off $20,000 of student loans with yen. Just made the last payment, perfect time for the yen to soar, lol
Might have to go ahead and start booking for my next trip to lock in the lower prices.
It would also be interesting to hear how the strengthening Yen affects other currencies such as CAD, AUD, Euro, Pound etc. How did you manage to get the cookies home in one piece? Or did you follow @Jason Bourgeois' advice and eat some to lighten the load? 😂
Make Japan Great Again ❤
Bungi cords. Always have bungi cords on your bike to strap packages. What a pretty postcard.
Note: it was a .25% rate hike taking it to 0.5 which is …. still insanely low by western standards.
The yen sank again 4 hours after this! Hahaha! That’s the currency market, but I think rather than the yen’s weakness, it’s the dollar’s strength … politically, PM Ishiba has a fractured party, it’s not going to be easy to get things done unless they’re pressed by external forces like tariffs etc. it’s helps him IMO but time will tell. Ultimately this year, I do see the yen getting stronger and I see the dollar getting stronger but which will win out? It could be the case that if Japan does NOT strengthen the currency with action like this, it would dip below ¥160 or more if the US surges. It’s fun to see how the winds blow in the USDJPY market.
thanks to your previous video on 'monthly mansions', i got a studio apt for the month from early march to early april. fingers crossed for sakura!
Damn I missed my chance…still plan on coming to Japan!
0.25% rise to 0.5% WOW thats insane for Japan
… Please, I don't think you should be making calls on what you think the currency rates will be and throw out numbers like 125 to 135, especially if you can't get the simple facts right that the rate hike was 25bps as opposed to 50bps. Just because the BOJ increased policy rates 25bps doesn't mean the yen will get stronger. The market consensus already factored that in, and adjusted currency rates accordingly a while back, thus this rate hike made almost zero difference to the market. There's a lot more that goes into determining currency exchange rates than a measly 25bps rate hike.
So what you're saying is that I need to start moving the money into our Yuucho account before the yen gets stronger. xDD I feel bad when I do that because our US savings account has 4% interest lol.
Lost me at saying what Trump was doing was good. Bye. Fascist.
I am moving to Tokyo at the end of March to attend language school! Hopefully the timing is spot on with the cherry blossoms 🤞🏼
MAKE JAPAN GREATER AGAIN. This is Great News.
Selfishly, I hope the yen rate doesn't change too much, as we are thinking about buying a house there later this year. In any case, another great livestream from you. You have great energy, John.
I also don't think yen is going to get stronger. I think the bank of Japan is only putting a bandage
Actually the biden admin wanted more inflation and prices to rise to make the US more dependent on the government. Fortunately we along with Trump took the trash out. Your welcome.
I plan on moving to Japan next year so this will be my chance
I hope the Yen strengthens higher for the Japanese people to flourish compared to the world. The other countries and foreigners have been taking advantage on the Japanese quite too long already. I'm glad it's time to change.
Trump is not smart John. Disappointed.
Thanks for the update John!
My wife and I bought enough yens for 2 upcoming trips when it was 1USD:160JPY.
Japan needs to rise back to its glory days. (1980 boom)