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June 15, 2018 | Japanese Stocks Versus USD/JPY: A Very Tight Correlation Here..

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).

As you can see, the path of the USD/JPY pretty much tracks right on the Nikkei 225 stock index with a 93% 21-day correlation.  Momentum is fading for Japanese stocks…

Inflation still weak in Japan – BOJ rates unchanged today..

061518 jpy vs nikkei.png

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June 15th, 2018

Posted In: Black Swan Currency Currents

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