29.04.2016 - The currency correlations that matter
Yen’s surge contributes to tremors across asset classes from commodities to S&P futures. This week provided further evidence of how sharp currency moves can have an impact on the broader market. The Japanese yen’s surge early on Thursday whacked the exporter-sensitive Nikkei 225. Because the USD/JPY is seen by many a proxy of global risk appetite, the exchange rate’s plunge contributed to tremors across asset classes from commodities to S&P futures...............................................Full Article: Source
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