ALWAYS A DEFLATIONARY CURRENCY, THE JCB JAPAN CENTRL BANK HAS DONE MUCH INTERVENTTION TO WEAKEN THE YEN IN THE LAST SEVERAL YEARS
A STRONG YEN IN THE 80 AREA USUALLY MEANS A RECESSION IN EQUITIES AND HIGHER GOLD
OBSERVE THE RECENT TOP IN THE S AND Ps and BULLISH GOLD CHART
LIKELY FAIL AT 1X1 BUT STRONG SUPPORT 99-100
WHAT WOULD WAR IN KOREA DO TO THE YEN? SHOULD MAKE GOLD SKYROCKET AND USDJPY SKYROCKET TOO
IF THE FED RAISES RATES THE CARRY TRADE WILL BE MORE ATTRACTIVE CAUSING USDJPY TO GO UP AS WELL
DANIEL BRUNO, CHARTERED MARKET TECHNICIAN
CONTACT ME IF YOU MANAGE FUNDS
A STRONG YEN IN THE 80 AREA USUALLY MEANS A RECESSION IN EQUITIES AND HIGHER GOLD
OBSERVE THE RECENT TOP IN THE S AND Ps and BULLISH GOLD CHART
LIKELY FAIL AT 1X1 BUT STRONG SUPPORT 99-100
WHAT WOULD WAR IN KOREA DO TO THE YEN? SHOULD MAKE GOLD SKYROCKET AND USDJPY SKYROCKET TOO
IF THE FED RAISES RATES THE CARRY TRADE WILL BE MORE ATTRACTIVE CAUSING USDJPY TO GO UP AS WELL
DANIEL BRUNO, CHARTERED MARKET TECHNICIAN
CONTACT ME IF YOU MANAGE FUNDS
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.