Dollar assets increasing due to depreciation of yen
$USD/JPY(USDJPY.FX$ is now 158 yen... the yen is ridiculously depreciating. People who have dollars are able to hedge, aren't they? Now it's mostly cash, but it looks like dollar assets denominated in yen are automatically increasing 🤔
Financial stocks weren't good, so I cut them off. And it's looking up again $Victory Capital(VCTR.US$ and it has skyrocketed since the settlement $Vertiv Holdings(VRT.US$ I bought a few. The ticker symbols are similar 😏
VRT is a rampage horse that fluctuates a lot, so I was worried about what to do, but I bought it after evaluating places that missed the high price. It will be sold as soon as it is back in range.
I still don't really know if it's above or below in terms of market price, so the position is super small, but I plan to throw money all at once when it becomes an upward position that is easy to understand 👀 I only want to win games ~ ~
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