Disliked{quote} Its all about risk on/off...look at any of the yen crosses the last few days, ECB not adding more stimulus, IMF growth forecasts=equities,commodities,risky assets,carry trades DOWN, S&P 500 timidly broke a support friday. If risk aversion really gains traction it doesnt matter what the BOJ does or bad data from japan, you name it/jpy will go down, next to really fall will be the GBP/USD and aud/USD(true risk aversion trumps interest rate expectations or differentials) because the dollar is a safe haven, just not against the yen...of course...Ignored
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