the USDollar strength vis a vis the Japanese Yen that continues in its depreciation, consistent with the aim of improving Japan's balance of trade with more exports incentivized by a weaker Japanese Yen, but also trying to create inflation in for Japanese consumers and retail prices.
However, the USDollar strength against the Japanese Yen could be also a correlation signal for stocks and speculative risk investments. The chart of the USD/JPY exchange rate on a monthly time scale does highlight a possible very large multi-year pattern similar to an Inverse Head & Shoulder, that could bring a large repricing of the Japanese Yen in the exchange rate with the USDollar, USD/JPY 179.2 exchange rate level.
However, the USDollar strength against the Japanese Yen could be also a correlation signal for stocks and speculative risk investments. The chart of the USD/JPY exchange rate on a monthly time scale does highlight a possible very large multi-year pattern similar to an Inverse Head & Shoulder, that could bring a large repricing of the Japanese Yen in the exchange rate with the USDollar, USD/JPY 179.2 exchange rate level.