>buy clothes and shit from japan because top quality things

USD/Yen went from around 118 to 102 after surprise negative interest rates in Japan central bank. It had nothing to do with Brexit. It was also totally counter intuitive to what they were trying to achieve as well I think.

File: yenchart.png (35KB, 684x364px) Image search: [Google]

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>>1370933
really? I tought it was because of brexit and people moving capitals from EUR and GBP to yen because considered safer. As you can see, the chart shows the dramatic drop happened between 23 and 24 of June.
I'm talking about EUR btw, sorry for using $ in OP, i understand it was misleading

Apparently Yen has been considered safe haven after brexit.

>>1370955

Ah well yeah you might be right. None of these things are in isolation anyway, they all affect each other. I admit as well, I find currencies some of the more difficult things to understand what moves them. But certainly it started moving quite a bit after the surprise jump to negative interest rates in Japan.

>>1370981
Yen also jumps any time there is instability in china because the chinese and US economies are linked. It's the de facto safe haven currency for the whole world

Everyone knows the nips are fucked long term, but it's still way safer than whatever shenanigans are happening at the time