Tagged: yen

Do we have a bottom? 1

Do we have a bottom?

It would be nice and tidy if this morning’s 1036 print on ES turned out to be the low for a couple of weeks or even a month or two. Stock indexes made a...

Bonds 2

Bonds

I’m back home from overseas, though a bit tired after running the gauntlet of cattle pens and inquisitors that has ruined the air travel experience. It’ll never be like this again: – Here’s a...

Yen and bonds, two of a kind 0

Yen and bonds, two of a kind

I don’t know exactly what to make of this pattern, but it is not unusual to see these two move together. As forms of cash, they each tend to do well when the deflation...

Yen to test the highs? 0

Yen to test the highs?

Don’t sell short the Yen just yet. It is wedging up to the highs and still seems to find a bid when stocks fall. I noticed this large wedge on the USD.JPY 5-year: Interactive...