claydoctor
Short

USDJPY SPY correlation inline again

FX:USDJPY   U.S. Dollar / Japanese Yen
181 views
0
USDJPY and SPY inline again, after a divergence, SPY was too stretched, and is coming back to the pair, strength of currencies rule the day, at the end of the day. This has been a currency manipulated bull market, and fundamentals are way down the priority list, with MA activity ending soon, corporations finding no more ways to support stock PE levels, with sustainable growth fundamentals. The bag of tricks is empty, but lets wait and see if a new rabbit comes out of the hat. Hearing the talking heads saying Inflation worries creeping in again, but they have been in play for a while. If we get any GDP growth at all, watch out folks, rates have to spike.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out