What role does the currency play in market movements? ...Middle East

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What role does the currency play in market movements?
Following Monday's strengthening of the Japanese yen, several hedge funds have started to dump Japanese equities, signaling the end of popular long positions in the country.Could it be that the direction of the yen is even more critical than that of the economy for the markets?It is hard to say whether it is more crucial, but it is evident that Japanese stocks have become exceptionally sensitive to yen movements over the past two years. In simpler terms, where the currency goes, so goes the market.It should, therefore, come as no surprise that after the yen strengthened earlier in the week, the Nikkei 225 index also experienced a correction. Similar moves have already been observed, especial

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