I was more than a little surprised to see this item on the front page of this morning’s newspaper:
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Rubber Seoul
OK, the pun doesn’t really work, because Seoul is in Korea, but it’s all I could come up with at this hour. Anyway, the point is that the USD/JPY is pretty badly stretched to the downside, and thus has ample room to push higher, even within the context of a general downtrend. It’s already happening this morning.