Disappointing news from Japan and the fall of the Yen.

Lately, Japan has been increasingly plagued by natural disasters; before the country had time to recover from one shock, a new disaster brings trouble. It is clear that frequent earthquakes cannot help but affect the state's infrastructure and its economy, although the main blow was dealt not by nature, but by external factors.

First of all, this is a significant drop in exports; compared to last year’s figures, in October, Japanese goods exports fell by more than 10%.

Moreover, this is not a short-term decline, but a long-term trend; a decline in demand for goods from Japan has been observed for more than a year.

The main reasons for the current situation are the general deterioration in the global economy, which has caused a sharp drop in demand. Consumers are now buying essential goods; unfortunately, electronics do not fall into this category. The export situation and Trump's election victory are creating the preconditions for a downward trend in the Japanese yen, as clearly visible on the USDJPY forex chart. In December, the US dollar appreciated against the Japanese yen by more than 10%.

For this very reason, one should be wary of shorting the yen when trading forex, as the likelihood of a correction, and possibly even a trend reversal, only increases with each passing day. The current yen exchange rate is http://time-forex.com/grafiki