Forex

USDJPY and Connection With Stocks (VIDEO)Sep 12, 2024

In our new video analysis, I will discuss the USD/JPY and why I believe it plays a crucial role in determining the next direction for stocks. Let me remind you that back in July, when USD/JPY sharply turned to the downside, stocks in Japan and globally also topped around the same time. So, once we see a new corrective move on USD/JPY, followed by potential further weakness, it could signal an important timing to watch for potential highs in stocks. However, with major US indexes still not at new all-time highs, this is something we should be cautious about, especially as in 2025.

Grega

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