Dollar, Yen Rise to 6-Year High, Japanese Exporters Happy

The video discusses the impact of the dollar-yen exchange rate on Japanese exporters and the Nikkei 225 stock market. As the yen weakens, Japanese products become cheaper globally, boosting exporter profits and stock market performance. Citigroup predicts the trend will continue, with a target of 120 yen per dollar. The video highlights major exporters like Advantest and Honda, whose earnings are growing due to this trend.

What factors does Citigroup believe will influence the dollar yen exchange rate?

Why are Japanese exporters benefiting from the current economic situation?