Tuesday, July 29, 2014

As Nikkei Rallies, Upward Pressure Mounts for USD/JPY

Back in May, we looked at the correlation between the Nikkei and USD/JPY and stated that both assets may have bottomed out and that some significant gains could be on the way. While we were correct about the Nikkei, the USD/JPY has lagged behind and has hardly moved since that



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