Weaker yen = stronger Nikkei relationship holding so far - Monday, October 28, 2024
The yen is continuing to lose ground, with USD/JPY back to its earlier high.Japan's Nikkei has jumped, up nearly 2%. The weaker yen / higher Japan stocks relationship is holding for now. Earlier:Japanese ruling coalition loses majority in election; USD/JPY reacts with volatilityNikkei, hourly candles: This article was written by Eamonn Sheridan at www.forexlive.com.
![Weaker yen = stronger Nikkei relationship holding so far - Monday, October 28, 2024](https://images.forexlive.com/images/nikkei%20election%20Japan%2028%20October%202024_id_33948cef-ef04-4bf8-9701-1e4f9c7289ee_size975.jpg)
The yen is continuing to lose ground, with USD/JPY back to its earlier high.
Japan's Nikkei has jumped, up nearly 2%.
The weaker yen / higher Japan stocks relationship is holding for now.
Earlier:
Nikkei, hourly candles: This article was written by Eamonn Sheridan at www.forexlive.com.