Varieties of resources are available for those who wish to invest in Japanese yen, or to become forex -savvy, at least.
MSN money provides a slew of information on the Japanese yen. From the present condition of the exchange (/JPYUS), to message boards full of investor angst, you can find quotes from various online retailers, the history of the yen and it’s investment, and currency calculators so that you can compare the Japanese yen against other currencies and decide for yourself where to put your money.
Forexblob.org offers well written, newsworthy, and refreshingly, cynical information on all forex and one may find their articles on the Japanese yen particularly helpful. Because September saw an election of a new Minister of Finance, Hirohisa Fujiii, learning about the minister’s plans for the yen can be of great value. Reading about the election itself in Forex blog’s Japanese Elections and the Yen is useful, as well.
FX Street offers a comprehensive look at forex, and various kinds of currency, including the Japanese yen. Providing up-to-the-minute economic calendar, interest rate reports, economic indicator reports, and news, FX Street relies to published, verifiable material rather than user advice. Like other sites, FX Street does have a forum for bloggers to share tips and commiserations, but the resource as a whole draws the fact-seeking sort.
Action Forex may give you insight into the outlook of the Japanese yen. This site is similar to FX Street, in that they provide you with comparisons and forums on the world market, but it also gives guidance to long-term investors, specifically, which is of especial interest for prospective yen investing.
The web is essentially your oyster. Beware of sites claiming to have “the secret,” as there is no investment holy grail. Rest assured, plenty of valuable information is waiting to be discovered, and the above sites are only a few examples.
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