Source: VantagePoint Intermarket Analysis Software
To see more FREE recent market predictions for the Japanese yen go here!
- The market moved down 605 ticks.
- 605 ticks =$7,562.50per contract
(About 13 Trading Days)
- When the blue line (forecast) crossed below the black line (actual), VantagePoint predicted the market to trend down. The Neural Index at 0.00 also indicated an expected down trend.
- The yen is off to its worst start in nine years against the dollar, ending a rally sparked by investors seeking a safe haven from the financial crisis.
- The largest currency traders are calling an end to the yen’s profits as Japan’s economy, the world’s second-largest, fails.