DislikedWhat is the correlation of EUR/JPY and S&P and why it is inversely correlated?Ignored
The SP500 and EURJPY are normally (strongly) correlated. This is the case because the USD and JPY are seen as "safe havens" (lol), so if the SP500 drops people pull their money out of the stock market and run to safety (USD or JPY). Consequently, EUR has to drop vs the JPY.
Again, just a guess...
Here are the daily charts for EURJPY and the SP500: