A Failure of Abenomics Reflected in AUD/JPY Trade

The video discusses the Australian dollar's performance against the Japanese yen, highlighting historical contexts like the Lehmann low and the impact of Abenomics. It explores skepticism around Abenomics, noting its aim to weaken the yen, which has since reversed. The video examines factors affecting currency values, such as global commodity prices and Japan's current account surplus. It also addresses how compressed global interest rates have altered capital flows, impacting currency strength.

What challenges do countries like Japan face in maintaining their currency value?

Discuss the relationship between Japan's current account surplus and the strength of the yen.