What do you think about currency rates and stocks? They are related to each other closely, especially in the case of Nasdaq or Dow Jones and the US dollars, yen as well as yen crosses. After having a close look at stock market you might note the fluctuation in stock market with a change in US Dollar or Yen. Indeed professional traders know about this fact and they do not find it needed to mention it in the news.
Let me give some more examples. Four months ago before the bulk of bad financial news were released to the media, the USD and JPY were doing so badly, where the EUR cost about 1.50 USD, and it took more than 180 Yens to exchange for a British Pound (GBP). But things fell apart abruptly in matter of days, when the US government officially announced that the recession had already started a year before. Shortly afterward, several large banks collapsed around the world that quickly pulled down all stock markets. And as you could see, the USD quickly gained ground among all counterparts (except JPY), and the Yen also appreciated in the same manner. Today as I am writing this, a EUR is worth 1.30 USD (after it dropped to as low as 1.22 a few weeks ago), and a Sterling can be exchanged for only 146 yens.
But that was what happened during a four-month period. You can actually see these exchange rates fluctuate almost instantaneously with stock markets every day. The first question a novice trader may want to ask is \\\\
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A connection between stock market and forex rates 
