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    Thread: Why JPY is growing so much?

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      darexgeorgieviya04 is offline
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      Why JPY is growing so much?

      If you look at all currencies XXX/JPY you will notice that the past week all the charts are strongly bearish. I’m not so much into news, fundamental analysis but I would like to know why this happened. I searched online for news and some explaination… found nothing. Someone who know well these things could explain to a poor technical analysis head? :slight_smile:

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      PALM is offline
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      XXX/JPY pairs are usually very strongly correlated with stocks. Stocks down (as has been the case of late): XXX/JPY down.

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      sashavich04 is offline
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      So there is a sort of invert correlation between us stock market and JPY currency?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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