A Versatile Fisco Corporate Research Reporter’s All-Purpose Column: Ma-buchi’s View | Part 2: How will the currency move due to the coronavirus? [Mariko Mabuchi]

Mariko Mabuchi Profile

Mariko Mabuchi. 7 years of investment experience. During the early days of Abenomics, she was entrusted with asset management at a company, then after three years as a full-time trader, she moved on to become a corporate research reporter for FISCO. Currently, she also handles marketing at Japan Cloud Capital. She graduated from Doshisha University Faculty of Law, completed a Master’s at Kyoto University Graduate School of Public Policy, and earned a Master’s in Public Policy. She was Miss Doshisha during university.

Official Blog:https://ameblo.jp/mabuchi-mariko/
Twitter:https://twitter.com/marikomabuchi

The impact of the novel coronavirus is expanding. More than 2,900 deaths have been confirmed worldwide as of March 1. In this unpredictable situation, the foreign exchange market showed movement. After 10 months, the yen weakened and the dollar strengthened, with the yen/dollar rate around 110 to 112 yen per dollar as of February 21. This led market attention to shift toward “yen selling in crisis (yen depreciation).” However, after February 21, the yen strengthened, and by March 2, it was in the 107 yen range, showing volatility of about 5 yen in just a few days.