Albert Edwards: Focus on Yen / Dollar As It Rises To 145; Not Euro

Investors who are focusing on action in the euro / U.S. dollar are missing the point, the real future action is going to be found in the yen / U.S. dollar currency pair, says a Societe Generale research report from the uber bear, Albert Edwards. Albert Edwards on the most important chart Saying the market still does not seem to have grasped the significance of this phase of currency wars, Societe General analyst Albert Edwards says the most important chart investors should focus on is yen/dollar. “It reminds me of the 2006/07 period when falling US house prices and then…