Sure they hedge, that is why Canons prices do not change quickly. The Yen has been soft for some time, and we are seeing both lenses and bodies go down in price slowly. In contrast most items have risen in price.
Canon spends billions on R&D, I a sure it is a huge portion of the cost of the camera.
This body has a new mirror drive assembly and other changes to the body to stop vibration, all more R&D.
It would have been handy of us if they priced like the local gas station and the price changed hourly.