Identifying The Bigger Calls – Buy Yen
April 8, 2022 Leave a comment
The Japanese Yen is at its weakest in 6 years against the Aussie and the U.S. Dollar.
In the chart below, I’ve circled 4 moments since 2009 when it was decidedly Oversold, trading at extended percentages below its 200 week moving average and at 2.5 standard deviations below its rolling weekly mean.
Buying some Yen is the first step,
nibbling away at some cheap Japanese equities is the next.
April 8, 2022
by Rob Zdravevski
rob@karriasset.com.au
rob zdravevski's blog 