Just a quickie post today. What’s it about? You guessed it! (And the title probably gave it away..)

I don’t want to jump the gun here but yesterday and today are the first few days in a long while that the yen has been exchanging at below 100 to a dollar. (Ah, recalling the fine times 5-7 years ago when the yen pwned the dollar.)

Now I know that this is purportedly an indication of Abenomics financial stimulus plan, but there’s several factors going into it and no one thinks it’s going to last. Loads of people are interpreting it badly but finance seems (to me) to be a fickle mistress. I only know the way I hope it goes, which is the beneficial one… ^__^

To that point, I find a lot of people on the forums rooting for the strength of the American dollar to the yen so I feel like I must be opposite by cheering on the strength of the yen; from the way that it sounds, you’ll have more $$ going home if the yen remains strong against the dollar, whereas hoping for a great exchange rate on the way over seems to be a one-time, one-off occasion. I mean… how much of an impact is twenty bucks ultimately going to make when you arrive in Japan?

So, in brief summary, I want to err on the edge of caution, but hopefully the yen will reach a steady, strong point throughout summer because it’s really too early, for me at least, to be exchanging savings of any kind.

I will keep an optimistic mind as I continue to hope for a steady, non-chaotic Japanese economic situation. :)