Yen (japanese currency) exchange rate

In spite of a sharp monthly reversal, the matched trend lows of 87.15 from the months of December as well as January, the Forex market has been confined to an important downward trend while the current rebound has been classed as corrective. As was witnessed in the Forex market, a daily double bottom has been initiated, and it is hopeful that the Japanese yen will climb back to the 104.00 area.
Interest Rate Forecast of Japanese Yen and US Dollar Interest Rate
The pair of currencies which consist of the US Dollar/Japanese Yen seems to be literally unaffected by the interest rates between the Bank of Japan and the Federal Reserve. The risk manifestation has driven the price action for the Japanese Yen and US Dollar with risk sentiment favoring the Yen. The relationship between these two currencies disappeared in February once the USD/JPY rallied in spite of a large sell off in equity markets all across the world.
The Credit Suisse made some expectations about the Japanese Yen over the next year. The one good thing about all of this is that the Bank of Japan has always kept rates near zero. The Fed funds rate is expected to rise by 41 bps. Therefore, the Japanese Yen could resume its position as one of the funding currencies which may also add to the Yen's weakness going forward.
The Valuation of the Japanese Yen and the US Dollar
The Japanese Yen continues to remain overvalued against the $US dollar even after the Yen posted an 8.32% loss during February especially when the USDJPY is more than likely to push higher even as the economic downturn in Japan's economy intensifies. The grim outlook for further growth has battered the correlation between the Yen as well as the stock markets.
Purchasing Power Parity
Purchasing Power Parity happens to be one of the oldest as well as the most basic fundamental approach in determining the "fair" exchange rate of one currency to another. The definition states that an identical product should cost approximately the same when trading the Japanese Yen from one country to another. The only difference lies in the price tag which can be accounted for by the rate of exchange. If you find that a pencil has a price tag of ?1 in Europe and the same pencil costs $1.20 in the United States, the fair exchange rate should equal 1.20. These values are compared to the current Forex market rates to determine exactly how much a currency is under- or over-valued against the United States dollar.

EURO exchange rate

The Euro continues to build strength even against the dollar. Therefore, if you are planning a trip to France and some of the other European countries, it would definitely be too expensive. There are many ways of cheating that bad Euro exchange rate, just by making Euro-saving decisions about when you are going to go for your visit, where to go, where you are going to stay, what to do and where you are going to eat. Below are some tips as to how you are going to save Euros in a bad exchange rate.
As the Euro builds strength, particularly against the dollar, it will probably make a trip to Europe, and especially France much too expensive for your wallet. There are many ways that you will be able to cheat a bad Euro exchange rate. If you have your heart set on seeing France you can decide ahead of time about where you are going to go, when you want to go, where to stay, things to do and where to eat. Here are some tips about how you can save Euros in a bad exchange rate:
Saving Euros - Where to Go
One of the cities that you definitely want to avoid is Paris. This is a very expensive city, possibly one of the most expensive in this world. If you do not find that you can avoid Paris altogether, then fly to Paris, stay overnight and spend the day sightseeing. Some of the other expensive cities are Nice and Cannes.
There are so many wonderful regions and destinations in France that you probably not even miss Paris. Some of the inexpensive cities are the following:
Strasbourg
Avignon
Toulouse
Bordeaux
Montpellier
You may wish to buy some more travel guides concerning places to go and the amount you will save as far as the Euro exchange rate goes:
A list of the regions thst France is divided up into
Some of the top French cities that will not be on your visit to see
Save on Those Euros!
If you feel you must definitely visit Paris during the spring, you may want to think twice about this. Spring and summer are quite costly times to visit and these seasons are not really the best times to visit.
If you absolutely feel that you must experience France in the spring, then it may be well to plan your trip either in late March or go to the French Riviera in October when it is still warm.
If you really want to save on those Euros, then it would be well to plan a trip to France in the fall or winter. You will not only save on Euros, but you will also experience the large crowds and experience France in the off-season