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Albert Edwards: Focus on Yen / Dollar As It Rises To 145; Not Euro

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Mark Melin
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Investors who are focusing on action in the euro / U.S. dollar are missing the point, the real future action is going to be found in the yen / U.S. dollar currency pair, says a Societe Generale research report from the uber bear, Albert Edwards.

Albert Edwards on the most important chart

Saying the market still does not seem to have grasped the significance of this phase of currency wars, Societe General analyst Albert Edwards says the most important chart investors should focus on is yen/dollar. “It...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.