Market Overview Analysis by Investing.com (Ismael De La Cruz) covering: USD/JPY, S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500. Read Investing.com (Ismael De La Cruz)'s latest article on Investing.com
With that in mind, we listed 3 reasons that show that Q4 may not be as bad as we are expecting right now.
October tends to be a pretty decent month overall, with November and December being historically very strong. Nevertheless, it's crucial to remember, as I often emphasize, that all this information is rooted in historical data. While undeniably intriguing, it remains essential to bear in mind that past performance does not guarantee future results. Still, in many cases, as we well know, history rhymes .
Notably, Sakakibara, often referred to as"Mr. Yen" due to his historical impact on currency matters, oversaw over a dozen interventions during his tenure as Vice President for Finance. He emphasizes that the critical level to watch is $155, as breaching it would raise significant concerns within the government.
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