
“Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth”
– Marcus Aurelius
It seems pretty clear the Japanese stock market and the Japanese yen are moving in unison, i.e. higher Japanese stocks and higher USD/JPY (yen weakens as stocks rally). Below is an overlay of the Nikkei 225 Index and USD/JPY from early 2012 through today: