FOR THOSE CONCERNED ABOUT THE DOLLAR – A NEW OPPORTUNITY IN JAPANESE CURRENCY
By Nigam Arora & Dr. Natasha Arora
Signal(s) to enter, add, reduce, exit, hold or change.
From the Afternoon Capsule:
There is a report that tomorrow, Bank of Japan (BoJ) will discuss changes to the yield curve. If BoJ makes a major change, it will have major negative implications for the U.S. stock market.
In addition to providing potential gains, this position will also act as a hedge if changes in yield control in Japan negatively impact the U.S. stock market.
Yield control by Bank of Japan has artificially kept Japanese yen low relative to the dollar. If Bank of Japan changes yield control, the yen should start rising.… Please click here or the title below to read more.
July 28, 2023