Home Economics Yen Breaks Below 107, Lowest Level Since 2014

Yen Breaks Below 107, Lowest Level Since 2014

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The yen has fallen from 111 to under 106 in the past two days. This is the lowest level since October 2014. If the yen continues on this stronger trajectory, we will probably continue to see some underperformance from early and hyper cyclical stocks while it could act as a tailwind for cyclical stocks.

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