Rumor from London desks: Bank of Japan "checking prices"...

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Quote from Tsing Tao:

checking prices in what? the usd/yen? (essentially that's all they should be caring about).

u/y hasn't even moved.

Of course USD/JPY. This question was mor than neceassary, i.e. UNnecessary. :)
 
Admittedly, this call was 3 days too early:

Japanese shares rise sharply, with the U.S. dollar shooting higher after news the G-7 has agreed to work with Japan to stem the yen's post-quake ris

Good to know that I am long all Japanese crosses. Mjam, mjam, mjam. That´s a nice breakfast. :D
 
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