Equities Overbought, Yen Massively Oversold

From Global Macro Monitor
January 6, 2013 - 9:35pm

The Nikkei’s 14-day Relative Strength Index (RSI) exceeds 80 and we can’t recall ever seeing anything as short-term oversold — in a hard currency market — as the yen/dollar with its RSI of 10.   The Russell 2000 is the … Continue reading →

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