29/01/2014

Tokyo on the Verge of Obliteration as Nikkei 225 and Yen/Dollar Carry Meet Godzilla

  by John Galt January  29, 2014 08:25 ET     If you think that movie is bad, check out these charts! Yen/Dollar(via YahooFinance): If the Yen breaks below the 101.50 or worse ,the 101 levels tonight, it is OMG time (Oh My Gozilla)! There will be a massive technical unwinding which could trigger another major Wall Street sell off depending on the level of Eurocarnage. Meanwhile at the Nikkei 225 (via YahooFinance): Currently down just over 3.30% and looking FUGLY. Prepare for the worst case scenario with a close below…


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