Yen Strength VALIDATES USD/PHP Weakness in VALUE

Follow Up Analysis from 4.18-19 Market Call

Just as the Yen continues its strengthen against the USD, the weakness of the USD translated into the weakness of the Philippine Peso have given way for the exchange rate to accelerate higher with the JPYPHP now @44.00 & above. And aiming @45.00 or better for as long as the JPY gains value continues its course.

In addition the PHP weakness spilled-over the PSE Index where equities have moved lower which had difficulty pushing above the 7500 benchmark reference and currently below the 7000 level. Timing is an important factor which has a basis of reverence and not a speculative process 

From our April 18-19,  2016 call for OFWs strategy to carefully watch the prices @40.50 base price point to 42.00 and has now added to the value of PHP exchange rate. When investors do the math, for every 10k JP Yen equates to 4,050 PHP multiply as long as the Yen's strength continues.

Thus, the practical and effective process of saving while value investing over a time period makes more sense for OFW. The same methods applied with currency conversion for now with the value increase of the Canadian Dollar, EURO, Sterling Pound and the AUSSIE Dollar versus the Philippine Peso just to name a few.

NOTE: An advantage for Foreign companies that involves International Foreign Direct Investments is a huge contribution to the Philippine economy that creates jobs, and other business opportunities.