Rise in Equity Prices Pressure USD JPY

The rise in equity prices is driving up demand for higher yielding assets.

The rise in equity prices is driving up demand for higher yielding assets. This is helping to put pressure on the USD JPY as traders continue to pressure the U.S. Dollar because of low interest rates. Traders continue to treat the Dollar as a carry currency because of the Fed’s decision to keep U.S. rates at the lowest level in the world.

James A. Hyerczyk has been actively involved in the futures markets since 1982. He has worked in various capacities within the futures industry from technical analyst to commodity trading advisor. Using W. D. Gann Theory as his core methodology, Mr. Hyerczyk incorporates combinations of pattern, price and time to develop his daily, weekly and monthly analysis. His firm, J.A.H. Research and Trading publishes The Forex Pattern Price Time Report... More

Disclainer: