Yen bounces back as S&P 500 fears, gold prices rise

Japanese yen is finally showing signs of a fight back against the dollar, as volatility in the stock market and gold prices pick up. Find out how these moves are related and what's in store for 2024.

Intro: (0:00)
USD/JPY is down almost 100 pips to start the week: (0:58)
S&P volatility has begun rising from lows: (1:32)
USD/JPY is still near historic highs: (2:55)
Gold prices rally back to $2,050/oz after recent dips: (3:47)
71% of USD/JPY traders are short: (5:03)



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