Is Euro-Yen Telling Us Something about Dollar-Yen?

This Great Graphic, created on Bloomberg, shows the euro-yen (white line) and dollar-yen (yellow line) over the past three months indexed to April 1. What it seems to show is that euro-yen has been leading dollar-yen. The euro tends to peak and bottom before the dollar does against the yen. Th…

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Is Euro-Yen Telling Us Something about Dollar-Yen?

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