2/4 Watchlist

Conditions noted in the Morningline remain as I described them, except more so. The stunning movement comes with the U.S. dollar declining by 2.8% against the Japanese yen (calculated high to low), and rising 1.3% against the euro.

Reuters says it's because recent news has increased an aversion to risk. But I ask, in today's markets, how is it less risky to vote for the yen and for the dollar in trading on the same day? Either side of these trades, there's risk galore. As for the VIX . . .