Economic data can be affected by the United States and global economic situations and that will also affect the Japanese Yen. That is a fact.
To answer the question, “Will the Japanese Yen rise if U.S. jobless claims stops” we have to put the whole idea of speculative trading into perspective. Although speculative trading in currency markets is important, it is also important to understand that volatility is an important factor in currency markets.
The volatility in currency markets can move up and down without having much impact on the value of one currency over another.
The Japanese Yen is a Forex Currency. The Forex is the main form of currency trading.
Foreign Exchange markets rely heavily on leverage, which is basically borrowing or lending a certain amount of money. The currency or Forex trade is also heavily leveraged.
Because of that, the Forex market is the largest market in the world and it is growing larger every day. Japan is the only country in the world with its own main currency.
There are many countries that use the Japanese Yen as their national currency. Other countries use it as a unit of account or a measure of the national wealth or strength.
Most countries where the currency of choice is the Forex trade are all large countries. Countries like United States, China, and India have a lot of manufacturing industries that create products that are traded on a regular basis.
These countries create goods are traded all over the world including the United States which is the largest country in the world. The same holds true for Canada.
When the global economy goes south, not only will the United States be affected, so will other countries in the developing world. It may be a nice thought that there is only 1 Forex market in the world, but when global events are happening in more than one part of the world, it will affect the currency markets everywhere in the world.
If you are thinking about how to get in on the Forex trade, I would suggest looking at two countries that do not belong to the big three economies of the United States, the EU, and Japan. They are the Philippines and Malaysia.
Since these two countries do not belong to the major trading markets, they do not have the demand that the big three countries have for the Forex. The currency in these two countries, which are the top two suppliers of the Forex market, are really starting to get noticed lately.
If you are not familiar with the Forex trade, I encourage you to take some time to learn a little bit about the Forex trading. You will find that it is just like the stock market except for one difference, the currency is traded in smaller units called contracts which can be either traded in person or via the internet.