# Arab News | Currency speculators play deaf as analysts yell ‘year of the yen’

> Analysts at BNP Paribas, Morgan Stanley and Citi are forecasting a stronger yen and a weaker dollar, citing safe-haven demand, Japan's improved growth and its large current account surplus. A stronger yen would make imports cheaper and work against the Bank of Japan's goal of raising inflation. Most speculators have not yet positioned for the move, according to the report.

- Date: 2018-02-28 · published 2018-02-28T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/66741-arab-news-currency-speculators-play-deaf-as-analysts-yell-year-of-the-yen
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Expectations of a weaker dollar tend to support dollar-denominated commodity prices, which is a modest bullish signal for feed markets. The effect depends on how much the currency move actually materializes.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-11-30 | [Dollar’s slump thrusts currency peers to brink of new highs - Moneyweb](https://feedsoft.ai/events/50372-dollar-s-slump-thrusts-currency-peers-to-brink-of-new-highs-moneyweb.md) | -1.2% | -1.5% |
| DXY | 2022-12-28 | [Southeast Asian Currencies End the Year on a High Note – The Diplomat](https://feedsoft.ai/events/38475-southeast-asian-currencies-end-the-year-on-a-high-note-the-diplomat.md) | -0.2% | -2.2% |
| DXY | 2020-07-29 | [Even the loonie is rising against the U.S. dollar as the Fed faces currency threat: Don Pittis \| CBC News](https://feedsoft.ai/events/52356-even-the-loonie-is-rising-against-the-u-s-dollar-as-the-fed-faces-currency.md) | +0.4% | -0.4% |
| DXY | 2020-03-09 | [US dollar market sees major sell off as currency traders buy EUR](https://feedsoft.ai/events/10776-us-dollar-market-sees-major-sell-off-as-currency-traders-buy-eur.md) | +3.2% | +6.6% |
| DXY | 2017-01-05 | [Yuan's surge knocks dollar as China moves on speculators](https://feedsoft.ai/events/73171-yuan-s-surge-knocks-dollar-as-china-moves-on-speculators.md) | +0.1% | -2.7% |

## Sources

- arabnews.com: https://www.arabnews.com/business/currency-speculators-play-deaf-as-analysts-yell-year-of-the-yen-1256046

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