USD/JPY getting close to historical lows again. The yen is seen as the safest of safe havens.
At the moment yen strength is seen as bad for equities and this week has seen it strengthen further.
This long term look shows a continuous downtrend since late 2007 and no indication yet of turnaround.
And look at how much the USD has weakened since the 70s and 80s.![]()
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august week 1 2010, page-43
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