Judging from the current situation, the yen will not rise to 8 yuan. It is estimated that it will almost rise to the 2022 Tokyo Olympic Games.

The general trend of the yen exchange rate was decided after the Diaoyu Islands incident in September 20 12-whether it was a long-term depreciation or a sharp depreciation. 20 14 year target 120 yen pair 1 USD. However, for a long time, it was difficult to say at what level the yen exchange rate was stable-which determined the international situation of the US dollar strengthening in the medium term. You can never say that the yen exchange rate will strengthen. It can only be a shock depreciation, and the exchange rate will fluctuate during the depreciation period. For example, 79 yen in 1995 depreciated to 1 USD, and all the way to 1997 1 JPY +020 to 1 USD, because of the Asian financial crisis in 1997. Risk aversion soared and the yen appreciated, from 120 yen to 1 USD-1 0 yen to 09981USD. Finally, in the autumn of 1998, it finally depreciated to 147 yen 1 US dollar-completing the great devaluation that shocked the world in the 1990s (Japan/USA 79- Japan/USA 147). After that devaluation, the basis of the yen's renewed strength after many years is that the Japanese economy has found its economic growth point again. Moreover, the return of overseas yen assets has supported Japan's economic recovery. The Diaoyu Islands incident started in the autumn of 20 12, which aroused China's sanctions against Japan and almost interrupted Japan's export-oriented economy-the export-driven economy of high-tech products. Japan's exports are finished, domestic demand is insufficient, and the lifeline of the national economy is worrying. This time, the depreciation of the yen was forced by Japan, not because Japan wanted to depreciate. Therefore, once the long-term appreciation trend of the yen is over, it will enter a long-term depreciation trend. The Diaoyu Islands incident in September 20 12 ended the long-term appreciation trend of the yen for 40 years (1973, during the second oil crisis, the yen rose from 360 yen to 1 US dollar, which was the beginning of the long-term appreciation of the yen). Finally, if you want to calculate the exchange rate of the yen at 20 1995- 1998 by mechanically applying the formula of continuous depreciation of the yen for three years, I can only answer you two points. First, the exchange rate is not calculated casually-neither will you. Second, even if mechanically applying the formula of 1995- 1998 yen depreciation for three consecutive years-the exchange rate is-135 yen to 1 yen-the yen will fall by 35%-40% at most on the basis of the current exchange rate, not necessarily at the bottom. 1 968,360 yen pair 11973,308 yen pair1985,260 yen pair11995,79 yen pair165449 yen pair. Isn't the appreciation of the yen terrible? Therefore, the situation has reversed-the depreciation of the yen will be terrible. Maybe 20 17 years 150 yen didn't depreciate much against 1 dollar-in the end, 200 yen didn't depreciate much against 1 dollar, but the yen has appreciated from more than 300 to 80. Is it too much to go back to 200? Ha ha ha ha ha. The 2020 Tokyo Olympic Games will make Japan recover (the yen is strong)-too funny-impossible-hold on. Some people even compare the 2020 Tokyo Olympic Games to 1964 Tokyo Olympic Games-just like pretending to know, ghosts are dancing around (1964 yen has been brewing for 40 years, when 360 yen was worth 65434). Japan has the best economy in the world after World War II. Can the situation be the same as in 2020? After the 20 12 Diaoyu Island incident, the yen entered a long-term depreciation-this formula is really a rookie)