Bank of Japan Intervenes

Discussion in 'Wall St. News' started by ASusilovic, Oct 30, 2011.

  1. ASusilovic

    ASusilovic

    The Bank of Japan is suspected of having intervened in the FX markets to devlaue the Yen. The USDJPY pair has moved from 75.60 to 78.25 for now.
     
    #1     Oct 30, 2011
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  2. maxpi

    maxpi

    Of course, if the yen stays where it is they will be importing stuff from the US and that's not cool for ethnocentric folk..
     
    #2     Oct 30, 2011
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  3. spanish89

    spanish89

    How can they be ''suspected'' of doing it?? :confused:


    Either they did intervene or they didn't....
     
    #3     Oct 30, 2011
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  4. ajcrshr

    ajcrshr

    AZUMI SAYS JAPAN INTERVENED IN THE CURRENCY MARKET
    AZUMI SAYS YEN DOESN'T REFLECT FUNDAMENTALS AT ALL
    INTERVENTION WAS DUE TO STRONG SIGNS OF SPECULATION
    AZUMI: JAPAN WILL CONTINUE TO INTERVENE UNTIL HE'S SATISFIED

    http://twitter.com/#!/zerohedge
     
    #4     Oct 30, 2011
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