Has the pair chfjpy finally topped in? Maybe it's too soon to state that but we can say for sure that during this epic bull run it has remarkably moved away from its fair value (given by the yelds spread) . The target imho is at around 142/143 area (around 3400-3500 pips from current price).
American unemployment rate has always been strictly correlated to Canadian unemployment. With the last report we saw Canadian unemployment spike up to 6.1%. What will happen to United States unemployment rate in the next months?
In the last months challenger job cuts have been rising substantially. Every time we have a spike in cjc the s&p 500 either makes a correction or it enters a bear market phase depending on how high job cuts get. Will this time be different?
usdjpy is at the final stages of the super bull run...ready for the big crash?