Frontier Market, starting to move.
As the dollar weakens, FM has quietly been buying and finally started to rise. The monthly MACD is nearing a golden cross.
There may be one or more interest rate hikes ahead, so it may not be easy, but the purpose was to hedge against the dwindling US stocks due to the disappearance of the weak yen effect, and this time we were able to confirm a strong inverse correlation. I want to buy more, but I don't have enough funds...
Are you doing anything to respond to the strengthening yen??
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オスギと銀行 : I have a high ratio of gold mining stocks. FM, Indian stock ETFs, and Turkish stock ETFs also fought back and picked up when they plummeted.
Inflation was also strong in Japan, and YCC revisions began. If policy interest rates begin to rise little by little, I anticipate that bank stock ETFs and regional bank stocks will taste good. I'm thinking of picking up a bit of financial stocks and aviation stocks during the summer adjustment phase.
If interest rate cuts from the end of the FF rate expected in the beginning of fall are rumored, there will be short-term appreciation of US stocks, appreciation of the dollar, and depreciation of the yen, so I'm still thinking that it's not just a trend of appreciation of the yen.
ごんじゃ OP オスギと銀行 : Thank you for your comment
Gold mining stocks are good!
I only have 0.2% of PF, and I've always wanted to increase it, so I think I'll take this opportunity to increase it
I also respect the fact that emerging countries are able to stand against each other!
Adjustments have been made this week, but I also think the banking sector will come a step further. I think there's at least no lower market price, so I wonder if I can make a profit with a pretty high degree of accuracy
It seems that the exchange rate and exchange rate that go back and forth between Gudaguda will continue, but I'd like to evaluate and buy spots (I don't have any money)