Japan finance minister says closely watching movement in yen exchange rate

• Weak yen is both positive and negative for the economy
• Currency stability is important
• Rapid moves are undesirable

That's one of the first few hints of potential jawboning by Japanese officials. I don't see this as a major impediment to yen pairs just yet but it is worth taking note that we are getting to a point where there might be some verbal intervention.

In any case, I would argue they are more worried about the economic impact from a softer yen on the local scene. The economy is already vulnerable amid the pandemic recovery so this might not help. As for the inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term front, it is unlikely to do much to get the BOJ off their seats.