Kaustubh

USDJPY up move. Start of risk on regime?

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Apart from the commentary in the chart, if this pans out, this would also likely mean a global risk on rally. So we may look forward to strong and sustainable rallies in equities across markets. Yields may go higher for US treasuries. This ties up well with the steady Fed rate hike scenario as well.

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