DislikedNoda has confirmed intervention - come on - let's do it - keep the funds coming!!!
120 pips in UJ so far - that's average good-to-positive news type movement - we need more from this puppy!?! Come on 131.5, my first TP.
Bloomberg saying BoJ will provide ample liquidity to the market - sounds like a by the hour, or at key interval points. Who was around 6 years ago when they last did this? What type of timeline do they work on?Ignored
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By Ronnie Harui
Sept. 15 (Bloomberg) -- The yen weakened after Japan’s Ministry of Finance said it would address reporters at 10:50 a.m. in Tokyo. Kyodo News reported that Japan intervened in the currency market to weaken the yen.
The yen traded at 83.84 to the dollar as of 10:39 a.m. in Tokyo. Japan’s currency closed at 83.04 in New York yesterday.
To contact the reporter on this story: Ronnie Harui in Singapore at [email protected]
Last Updated: September 14, 2010 21:40 EDT