JPY Trivia Challenge
JPY Trivia Challenge Answer & Win
Test your knowledge with 3 fun questions
The first 5 users who answer all questions correctly will receive 20 Points 🎉
Short Knowledge Introduction
The Japanese Yen (JPY) has been weakening continuously this year.
Why? Mainly because:
- The Bank of Japan (BoJ) still hasn’t raised interest rates aggressively,
- While the US dollar remains strong due to higher US rates,
- This pushes USDJPY higher and higher, making it one of the most-watched currency pairs right now.
Many traders are also expecting that:
If USDJPY breaks certain key levels,
Japan may step in and “intervene” to stop the yen from falling too fast.
Currency intervention usually means:
- The government or BoJ buys JPY to make it stronger,
- Causing sudden, sharp moves in the market.
That’s why USDJPY is still a hot topic among traders worldwide.
Trivia Questions
1. Why has the Japanese Yen been weakening recently?
A. Japan is printing more money
B. BoJ hasn’t raised interest rates aggressively
C. USD is no longer used
D. Oil prices collapsed
B. BoJ hasn’t raised interest rates aggressively
C. USD is no longer used
D. Oil prices collapsed
2. What does “currency intervention” by Japan usually mean?
A. Japan buys more gold
B. The government buys JPY to strengthen the yen
C. The central bank closes for a day
D. USDJPY trading is temporarily banned
B. The government buys JPY to strengthen the yen
C. The central bank closes for a day
D. USDJPY trading is temporarily banned
3. What might happen if USDJPY breaks an important key level?
A. Japan may intervene again to support the yen
B. US stock markets must close
C. USD becomes Japan’s new currency
D. Gold prices freeze for 24 hours
B. US stock markets must close
C. USD becomes Japan’s new currency
D. Gold prices freeze for 24 hours
🏆 Event Rules:
- Comment your answers (e.g., 1-A, 2-C, 3-D).
- The first 5 users to answer correctly will win 20 Points.
- Only meaningful answers are counted.
⚖️ Terms and Conditions
▪️ Followme may change or update event rules and prize details without prior notice.
▪️ Rewards will be distributed within 7 to 14 days after the event ends.
▪️ Each participant can join once per account. Edited or duplicate comments will not be counted.
▪️ Have fun, trade smart, and stay tuned for the next activity.
▪️ Rewards will be distributed within 7 to 14 days after the event ends.
▪️ Each participant can join once per account. Edited or duplicate comments will not be counted.
▪️ Have fun, trade smart, and stay tuned for the next activity.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
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