Yen vs Stock market
Yen rise with the USD falling to 117.91 yen from 120.59 yen.
With the strengthening currency, would it be good to get japanese stocks now?
NO! The nikkei has fallen 3% today. Once again, we see the stock market rise on a weaker yen as well as fall with a stronger yen. You can only make money when the yen and the stock market rises TOGETHER. As long as this divergence continues, it will not be easy. Recently, I nearly purchased japan but luckily cancelled my order later not vested
Current Japan Index
Current Japan Index (N225)
TA for 2006
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