Is It Over? Dow Futures Drop As USDJPY Tumbles Most Since July
After 16 days in a row without a meaningful decline, Asia trading has opened with USDJPY dumping back from almost 114.00 to 111.50 – the biggest drop since July 29th. The USD Index is down most since Trump’s win but for now the moves in equities (Japanese and US) are modest (but down)…
Yen is heavily bid as Asia trading opens
The biggest drop in USDJPY since July…
As the post-Trump surge in the dollar has seemingly stalled…
Japanese equities are getting hit…
but for now, the Friday spike in US equities at the close is stalling (though modestly)…
Source: http://silveristhenew.com/2016/11/27/is-it-over-dow-futures-drop-as-usdjpy-tumbles-most-since-july/
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