# Yen at its weakest in 50 years in real terms - J.P. Morgan

> The yen's real effective exchange rate has fallen to its lowest level in 50 years, according to J.P. Morgan analysts. They expect further weakness, which would erode Japanese consumers' purchasing power and raise capital flight risk.

- Date: 2022-01-06 · published 2022-01-06T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/43365-yen-at-its-weakest-in-50-years-in-real-terms-j-p-morgan
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A structurally weak yen makes dollar-priced grain, meal and energy imports more expensive for Japanese feed buyers, though this is a currency-level story rather than a direct supply shock.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/yen-its-weakest-50-years-real-terms-jp-morgan-2022-01-06/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.