US Stocks & JPY continue to be correlated…have play?
5 June 2018/11:11 p.m. ET
If stocks break, as we expect, will USD/JPY follow? Though the correlation has been sketchy, there is a correlation and presently at +74%; i.e. if stocks fall so may USD/JPY. This would make sense if JPY plays a safe haven role as it has of late.