Has the strength of the Yen this year been solely down to weakness elsewhere?

This week will offer more of a real insight of the Japanese economic health. While the Japanese Yen has experienced a surge in strength so far in 2016, it is widely believed that this is more to do with the failings of commodity currencies making the Yen a safe haven – rather than any positive signs on their part. On Thursday, we will have their Consumer Price Index (CPI) figures, and this Friday the Bank of Japan will have a press conference to outline their expectations.

Further south, the New Zealanders kick off their week on Wednesday, releasing their trade balance and Official cash rate. It has been one of the worst performers so far this year so some positive data this week would give the Kiwi’s a much needed boost

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