Japanese Yen💴 and RMB

2024-12-04 07:40:38

Abstract generation in progress

The 30-year government bond yields of the Japanese Yen 💴 and RMB have intersected for the first time in 22 years!

If over the past 10 years, the yen carry trade and investment have brought prosperity in the silence, perhaps China is now taking over, but this business can only be done by large enterprises! For individuals, this door is not closed yet! When you understand it, you will know how wise it was for Teacher Fu Peng to call everyone to go out and exchange for US dollars two years ago!

This year, overseas investment banks expected the Exchange Rate for China to be 7.6, but today it is 7.3! The currencies of Asia-Pacific and Europe are all depreciating! Except for the expectation of a rate hike in the Japanese yen, which is relatively strong, it is interesting to see the recent depreciation of the Russian ruble, the Korean won, and the euro🤔️. This is the Trump effect!

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