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June 5, 2018 | US Stocks & JPY Continue to be Correlated…Haven Play?

Jack has over 20 years experience in the currency, equity, and futures arena. He is an investment advisor who has held key positions in brokerage, money management, trading, and research. Jack is founder and president of Black Swan Capital LLC. He was also founder of Ross International Asset Management (specializing in global stock, bond, and currency asset management for retail clients) and General Manager of Plexus Trading (specializing in currency futures and commodities trading).

US Stocks & JPY continue to be correlated…have play?
5 June 2018/11:11 p.m. ET

If stocks break, as we expect, will USD/JPY follow?  Though the correlation has been sketchy, there is a correlation and presently at +74%; i.e. if stocks fall so may USD/JPY.  This would make sense if JPY plays a safe haven role as it has of late.

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June 5th, 2018

Posted In: Black Swan Currency Currents

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