Trading The Nikkei by Markos Katsanos
Its no surprise there is a correlation between the Nikkei 225 index and the Japanese yen. Find out how you can exploit this correlation using this intermarket divergence system.
A weak exchange rate tends to benefit exporting companies, as this makes the goods they produce cheaper and therefore more competitive in foreign countries; this is a reasonable assumption. This scenario was evident in the case of British equities. Since the Brexit vote in June 2016 and until the beginning of 2017, the British pound fell 18.7% against the US dollar while stocks in Londons FTSE 100 benchmark index rose by 17.2% over the same period ...