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Yen drops to new lows as equities fall, Bob Elliott argues

Yen drops to new lows as equities fall, Bob Elliott argues
Yen hits lows as equities drop

Bob Elliott commented on the sharp decline of the yen to new lows as equities moved lower this month.

According to Elliott, this market action should dispel claims that a large-scale yen carry trade reversal is imminent.

Elliott has previously argued that debate on Iran-linked TACO events often ignores that markets already price in high expectations, according to a recent article. He has also raised concerns over insufficient gold exposure in long-term savings portfolios, urging investors to reconsider allocations in an earlier commentary. These points reflect Elliott’s focus on underlying market pricing and portfolio construction.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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