USD/JPY currency pair is one of the anchor currency pairs that everyone should keep on their radar. For one, both currencies are reserve currencies and are thus held by major corporations, asset owners and central banks. For another, Japanese investors have the largest capital surplus in the world and search the world for better returns. Finally, because of the low interest rates and recent trend, leveraged investors like hedge funds and commodity trading advisors have been borrowing in Yen and investing those proceeds abroad.
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