Closing the Gap - Futures Edition - April 6, 2018 - Safe Haven: Does the Yen Qualify?

Summary: Following two down months in a row (February &amp; March) for the S&amp;P 500, we are seeing some strength in currencies, particularly the Japanese Yen. In this segment, Pete, Tom and Tony determine whether the Yen is a "safe haven" against US equity Markets. Tune in as the team walks through the historical behavior of the Yen compared to the S&amp;P 500. Then, check out a trade idea that puts this information into practice. ###YEN Contract Specs<br> * Symbol: /6J <br> * Contract Size: 12,500,000 YEN<br> * Delta: 12500000<br> * Minimum Tick: $0.0000005<br> * Tick Value: $6.25<br> * Expiration: March, June, September, December <br> ###E-Mini S&amp;P 500 Contract Specs<br> * Symbol: /ES <br> * Contract Size: 50 x Index<br> * Delta: 50<br> * Minimum Tick: 0.25<br> * Tick Value: $12.50<br> * Expiration: March, June, September, December <br>