Looks like BOJ just stepped in

Algo_Design_Kid · Sep 14, 2010

Pretty sharp movements right now in JPY

SideShowBob · Sep 14, 2010

Good to see free markets are alive and well

Tsing Tao · Sep 14, 2010

they sure did

lets see if they have better luck than the swiss did

bond_trad3r · Sep 14, 2010

WTF!!!!!!!!!!!!!! Fuvking fuckers

Tsing Tao · Sep 14, 2010

nikkei also went up 3% from down 1% to up over 2%. maybe helicopter ben should try that

millionaire7 · Sep 14, 2010

number22 · Sep 14, 2010

The rumor is BOJ selling 200-300B yen. Let see how far can it last.

SideShowBob · Sep 14, 2010

Quote from bond_trad3r:

WTF!!!!!!!!!!!!!! Fuvking fuckers

My thoughts exactly. Don't worry they will get theirs as their country declines and becomes a third world nation

peilthetraveler · Sep 14, 2010

Hope none of you were short USD/JPY and went to the bathroom during that announcement.

stock777 · Sep 14, 2010

my guess is they want an 85 handle on the $/y