The dollar just crashed against the Yen. I know it is the "currency war" going on but - yikes, that was a mother of all moves - if caught it...any inside tip on what happened?
USD/YEN - what the hell happened?
- Thread starter TimtheEnchanter
- Start date
probably one of the most crowded trades out there. As a result, it will be very sensitive to risk-on/risk-off sentiment.
Cheap Money is sloshing around in the US as well as in other nations. No country is immune except perhaps Norway, China and some other small nations. It is a "relativity game" in terms whose currency is shittier.