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AUDJPY in full bullish advance mode

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Japanese equities are very important for Yen movements and AUDJPY is my favorite along with USDJPY. When foreign investors buy or sell Japanese equities currency-unhedged there is a positive correlation between the Yen and Japanese equities. Translated to common words it means they buy Japanese Equities using Spot rate at the time and so if JPY appreciates/depreciates then it affects the value of the investment for foreigners. So sometimes a foreign investor can buy Japanese Stocks and hedge

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