UBS asks:
What will be the closing value of the US dollar to Japanese yen exchange rate on 9 August 2024?
Closed Aug 09, 2024 07:01AM UTC
The Japanese yen has weakened substantially against the US dollar in 2024, and market observers are not sure how far the Bank of Japan may go to defend its currency (CNBC, Yahoo [Bloomberg]). The question will be suspended on 8 August 2024 and the outcome determined using data as reported in the US by Trading Economics (Trading Economics, set to "6M"). On 9 May 2024, the closing value was 155.39.
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The question closed "At least 145, but less than 150" with a closing date of 9 August 2024.
See our FAQ to learn about how we resolve questions and how scores are calculated.
| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than 140 | 0% | |
| At least 140, but less than 145 | 12% | |
| At least 145, but less than 150 | 86% | |
| At least 150, but less than 155 | 2% | |
| At least 155, but less than 160 | 0% | |
| At least 160, but less than 165 | 0% | |
| At least 165, but less than 170 | 0% | |
| 170 or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 38 |
| Average for questions in their first 6 months: 168 | |
| Number of Forecasts | 289 |
| Average for questions in their first 6 months: 438 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
