Click On Charts To Enlarge:- Charts on this blog include - Cyrptos - Stocks - Forex - Market Indices - Commodities - Bonds
Thursday, March 13, 2014
Yen carry unwinding - equity markets are following
The USD/JPY is showing money moving out of stocks into the Japanese yen. The $USD is tanking and that it also seeing a flight to bonds. The coming referendum to annex Crimea has a lot of people in the market very concerned and rightly so. I believe if Putin is successful the markets will likely get hammered come Monday. I have a feeling it will be game on whatever the outcome is.
USD/JPY daily chart
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