Despite the temporary shock, long-term prospects for fintech, AI, and crypto remain positive with potential catalysts from US macroeconomic easing
Love your analyses and your work in general.
In this case, it appears you got the movement of the USD/JPY wrong.
The yen rose due to the deleveraging.
Before: 1 USD > 160 JPY (strong USD)
After: 1 USD < 150 JPY (less strong USD)
All other assets fell indeed
Thanks for catching this, yes, the USD fell as it yielded less relatively and the Yen rose.
Love your analyses and your work in general.
In this case, it appears you got the movement of the USD/JPY wrong.
The yen rose due to the deleveraging.
Before: 1 USD > 160 JPY (strong USD)
After: 1 USD < 150 JPY (less strong USD)
All other assets fell indeed
Thanks for catching this, yes, the USD fell as it yielded less relatively and the Yen rose.