Intraday Market Thoughts
Soaring Nikkei is Merely Catching up
by
Apr 8, 2013 21:19
The yen decline appears to be the path of least resistance , while the soaring Nikkei-225 has the green light to regain the 15,000 level. The index is up an impressive 27% since January in local currency terms. In GBP and USD terms, it is up 18% and 11% respectively. Here are the other impressive facts in absolute and relative basis. Full charts & Analysis
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