• 778 days Will The ECB Continue To Hike Rates?
  • 779 days Forbes: Aramco Remains Largest Company In The Middle East
  • 780 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,180 days Could Crypto Overtake Traditional Investment?
  • 1,185 days Americans Still Quitting Jobs At Record Pace
  • 1,187 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,190 days Is The Dollar Too Strong?
  • 1,190 days Big Tech Disappoints Investors on Earnings Calls
  • 1,191 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,193 days China Is Quietly Trying To Distance Itself From Russia
  • 1,193 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,197 days Crypto Investors Won Big In 2021
  • 1,197 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,198 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,200 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,201 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,204 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,205 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,205 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,207 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Yen Has Moved hard and Fast, But Nothing Moves in a Straight Line Forever

Anvil

The Japanese yen is falling hard and fast, it's very heavy. But nothing moves in a straight line forever.

The falling yen has pushed stock markets higher, increased volatility in commodities and bond markets, but at the yen current levels the noise from German and US exporters at the loss of market share could be a reason for a slow down. After all hedging last so long. If the yen stalls this could also see the stock markets pull back (as the SP500 is highly correlated to the AUDJPY).

RTT uses the RTTTrendStatus tool similar to many folk using sigma (standard deviation) to determine how far price is away from the mean. In the past RTTTrendStatus -15 (on weekly data) has been a very good place to watch out for a trend reversal in the FXY (or USDJPY).

Point: A turning FXY (USDJPY) will also be correlated with a turning SP500, and of course a rise in the 'fear' trade. Watching and waiting.

FXY ETF = USD/JPY Chart

 

Back to homepage

Leave a comment

Leave a comment