FX:USDJPY U.S. Dollar/Japanese Yen
To say we are at a significant moment in time is a huge understatement. I am conflicted as to predict. The "noise" talk says XLI down this week maybe next and mid term, earnings not great effect either way, blah, blah, blah. But I lay over different indicators, I keep coming back to the previous trinagle action. Most of history shows these and the markets in tandem, but sometime opposite. If dollar strengthens, what will the market do? It is not certain we are going back up on markets, although breaking up out of the currency pair triangle. Yellen may confirm today or tomorrow lowering bond buying again, but if there is a hint of rate increases before mid 2-015, they could go oppo again. And what happens to bonds, weird.