Special Market Update for November 26 2009




USD/JPY Update – Pair Hits 14 Year Low

This is a follow up to the previous post.

Not long ago the USD/JPY currency cross broke through support and fell significantly in the matter of seconds. The US dollar / Japanese Yen pair is now at the lowest point it has been since July of 1995.

What is of even greater importance is that the S&P 500 futures did not rise, instead they fell.

Stay tuned…

USD/JPY Chart

USD_JPY Chart

11-25-2009 11-56-02 PM