The Yen Carry Trade Rules The Day (Again) as USD Gains and Gold Tanks

January 30, 2014
By Knowledge Leaders Team in Uncategorized

The JPY/USD cross is once again going tick for tick with S&P 500 futures as investor appetite for risk did a 180 overnight:

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With the euro selling down to 1.355 vs the USD, the USD is the big winner on the day:

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As gold struggles:

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