Tag:
USD/JPY
Forex
The Yen Lost Its Safe-Haven Status in a Week. Japan Has Three Weeks of Gas Left.
USD/JPY hit 157.80. Japan imports 95% of its oil from the Middle East. It has three weeks of gas. The yen's safe-haven status just became an energy liability.
Stocks
Oil at $80, Hormuz Shut, and the Only Currency That Doesn’t Care Is the One That Started It.
The US launched the strikes. The dollar is the biggest winner. EUR/USD pierced 1.16, USD/JPY hit 158, and the SNB is talking negative rates. The 2022 playbook.