Arthur Hayes Says EURJPY Is His Key Macro Indicator for Fiat Liquidity

Arthur Hayes said his article "Atencion" discusses the decline in the euro-yen exchange rate, EURJPY, and its role as a signal for a new round of global money printing. According to Odaily, Hayes also said he is currently in Patagonia in the middle of winter, where he is hiking and skiing, and noted that Fed Chair Kevin Warsh will speak at Jackson Hole. Hayes said he focuses on one or two price indicators to judge whether fiat liquidity injections are accelerating or slowing. He said he adjusts his portfolio quickly by going long or moving to cash, but never shorts, and identified EURJPY as his current core macro indicator. He added that the full article was published on the Substack account cryptohayes.