amoktan

Chat Watch YEN Rally (JXY index) Time to go long?

amoktan Updated   
TVC:JXY   Japanese Yen Currency Index
Global growth slowing, markets are heading into bear market, EURO/US/UK all have their political sovereign problems, no place to hide.

Is it time to go long the JPY? JGB bonds yielding low returns provides stable returns in the current world of volatility.

Comment:
Last week's COT also provided JPY a shot in the arm today.
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