DislikedThe economies are incomparable, so its very unrealistic for them to have the same currency.Ignored
Regarding your chart, I know, seems UJ is more bearish than bullish, but also can be called a tie right now. Or draw, not sure in english now . I spoke quite a lot bout UJ here and posted this little theory on Infinitus thread. Not sure if it is not nonscence, but think UJ can be pretty good hedge for the move:
Disliked..Now lets imagine these simplified scenarios: ECB eases: They´r gonna sell EUR. But against what? Imo best to sell it against bullish USD. So thats USD++, UJ ++. ECB doesnt ease: They´r gonna buy EUR. Against what? Imo best to sell some of those Yen who are falling for more than a year. Or are going to be selling USD in an uptrend? So imo this scenario results in Yen-, UJ+. Either way, it may be win/win situation for UJ long. Though needed to say here, both scenarios can and prolly will cause such a fast flow of cash that markets may well just...Ignored
"I know one thing, that I know nothing." Sokrates