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Yen Crushes FX, some Things don’t Change

by Ashraf Laidi
Oct 14, 2014 16:13

Correlations come and go but one thing remains intact; yen is the best performing currency over the last 24 hours, last 5 days and since the start of the month as stocks fall hard.  This explains why we picked GBPJPY and GBPUSD shorts in our last 4 trades.  Full charts & analysis

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Yen Crushes FX, some Things don’t Change - Spx Ftse Oct 14 (Chart 1)

 
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