NEW YORK ( TheStreet) -- The yen fell below the 100 level on Thursday relative to the U.S., dollar. That has been the plan of Abenomics all along, and traders are finally favoring the dollar.The chart below compares CurrencyShares Japanese Yen Trust ( FXY) over DB USD Index Bullish ( UUP). That simply puts the movements of the U.S. dollar over those of the yen.
The next pair is of S&P Equal Weight ETF ( RSP) over SPDR S&P 500 ( SPY). This pair shows how wide ranging the current rally is.