Japan Economy

Digital Currency, bitcoin, Brits bought more crypto than shares last year

Digital Currency Proof-Of-Concept Is Beginning In Japan In 2021

Alongside the published report, the Bank of Japan, one of the association members, has published a document describing its particular approach to CBDCs from a Japan-centric viewpoint. The BoJ report will start the first of several testing stages for its own CBDC someday in 2021. This will involve developing a test condition for the currency …

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Yen

Japanese Yen Between Predictions Of Economic Slowdown

Typically, the yen surged among risk aversion because of its status as a haven. But on Wednesday, the currency was attempting to rise. Some analysts reported that the assembly of the stock exchange. Domestic economic signals weren’t helpful to the currency of Japan either. European stocks increased, with all critical indices logging gains. That eased …

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Japanese Yen hit high. What about the U.S. Dollar?

Japanese Yen hit high. What about the U.S. Dollar?

The Japanese yen rallied over the last days. The currency is climbing to its largest three-day gain since the 2008 financial crisis. It has already added 9.4% in a dozen trading days. Despite that, Japanese policymakers are worried. They observe the trade closely while coronavirus cases are growing rapidly. The pandemic caused more economic disruptions …

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Safe-haven currencies, Euro and U.S. dollar

What caused U.S. Dollar’s decline against Yen and Euro?

The euro and other major currencies rallied against the dollar after U.S. authorities confirmed the first case of the coronavirus with a citizen who hadn’t the exposure to the infection. Furthermore, there were more cases reported, undermining the perceived strength of the U.S. economy. As a result, the greenback sharply declined. Federal Reserve Chair Jerome …

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The Impact of Coronavirus on Japanese Video Game Maker

The Impact of Coronavirus on Japanese Video Game Maker

World-famous video game maker Nintendo Co. Ltd. has to deal with production and delivery delays for some of its products. Ongoing coronavirus outbreak affected many products, including the Switch console and related peripherals. Moreover, it is not only about the flagship Switch. In addition to Switch, the Joy-Con that goes with it as well as …

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