At the auction on Friday yen and the dollar may continue to decline against the backdrop of the continuing growth of stock markets and other risky assets. One reason for this can be a commentary Nurielya Rubin, a professor at New York University, predicted the current financial crisis, that the recession will end at the end of the year. "If someone in the past two weeks told you that today the stock rises, with his eyes closed, you can guess that the dollar and the yen falling," - said Win Tin, currency strategist Brown Brothers Harriman & Co in New York. - "These assets - vysokokorrelirovany, and their dynamics is determined by the mood of investors." Note that the correlation between EUR / JPY and SP500 is currently 67% compared to 48% as of February this year.
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