USD/JPY Dollar/Yen One-Day and 5-Day Charts

The red arrow on the intraday chart shows the drop in the dollar/yen (yen strengthening)  overnight that sends the Nikkei -4% and U.S. futures lower. The bottom a few hours ago is at 96.75-ish so pay attention to that level. In only 3 days, the dollar/yen drops from 100 to 97-ish, about 3%. Price may move sideways pivoting above and below 97. Typically, a strengthening yen = lower dollar/yen = lower Nikkei = lower U.S. equities and weakening yen due to BOJ easy money policies = higher dollar/yen = higher Nikkei = higher U.S. equities. The dollar/yen is currently printing 97.09. S&P futures -4.5. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.