Hi everyone, just a quick chart that i am posting of the USD/JPY and the yield on the 10Y bonds. For those of you who missed “Yellen & Screaming’s” testimony you will note that the USD took a substantial hit as did the bond market with fear (e.g., yield down) and the almost perfect correlation it had with the drop in the USD/JPY

As the magician always talks about (R. Gandalf) it is wise to keep an eye on the bond market…

Happy trading!

Damith

USD/JPY 15min and yield on the 10Y

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