The JPY continues to strengthen? No, the dollar is falling at an ever-increasing rate.
As you can actually see from the chart, the JPY future is stable; it is not rising.
When you operate on a money market, it is always good to seek confirmation in other instruments and therefore do an intermediate market analysis.
Since the dollar is also involved in trade observation, we should also analyze a basket of raw materials. The lower the dollar, the more commodities grow.
This is an ETF that tracks the price of commodities or raw materials.
But there are also other factors that we should be considered; That would become an overly lengthy argument.
Maybe I'll write a tutorial in the next few days, interested?
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.
I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: Disclaimer: Luca Valente is not a Registered Investment Advisor or Financial Planner.
This writing is for informational purposes only. It does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any securities transaction.
The information contained in this writing should not be construed as financial or investment advice on any subject matter.
Luca Valente expressly disclaims all liability in respect to actions taken based on any or all of the information on this writing.
As you can actually see from the chart, the JPY future is stable; it is not rising.
When you operate on a money market, it is always good to seek confirmation in other instruments and therefore do an intermediate market analysis.
Since the dollar is also involved in trade observation, we should also analyze a basket of raw materials. The lower the dollar, the more commodities grow.
This is an ETF that tracks the price of commodities or raw materials.
But there are also other factors that we should be considered; That would become an overly lengthy argument.
Maybe I'll write a tutorial in the next few days, interested?
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.
I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: Disclaimer: Luca Valente is not a Registered Investment Advisor or Financial Planner.
This writing is for informational purposes only. It does not constitute an offer to sell, a solicitation to buy, or a recommendation regarding any securities transaction.
The information contained in this writing should not be construed as financial or investment advice on any subject matter.
Luca Valente expressly disclaims all liability in respect to actions taken based on any or all of the information on this writing.
LukkVal