• 685 days Will The ECB Continue To Hike Rates?
  • 685 days Forbes: Aramco Remains Largest Company In The Middle East
  • 687 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,087 days Could Crypto Overtake Traditional Investment?
  • 1,091 days Americans Still Quitting Jobs At Record Pace
  • 1,093 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,096 days Is The Dollar Too Strong?
  • 1,097 days Big Tech Disappoints Investors on Earnings Calls
  • 1,098 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,099 days China Is Quietly Trying To Distance Itself From Russia
  • 1,100 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,104 days Crypto Investors Won Big In 2021
  • 1,104 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,105 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,107 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,107 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,111 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,111 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,112 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,114 days Are NFTs About To Take Over Gaming?
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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