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FX Options Lowdown: Has anyone seen any one-month yen?

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    There's an interesting correlation between the Shanghai Composite and USDJPY USDJPY spot volatility has caused movements in the currency options market The first BoJ meeting of 2016 may see a continuation of its cautious approach Even with some BoJ easing, yen strength may be inevitable A look at the correlation between the Shanghai Composite Index and the spot USDJPY price shows a close trend (see below). The yen has traded in a 10 big-figure range between 115.86 and 125.86 against the

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