Intraday Market Thoughts

Yen Bulls & BoJ "Bank Note" Rule

by Ashraf Laidi
Apr 2, 2013 17:20

As the yen rises back to its old ways, the Bank of Japan will have to formally announce the removal of its “bank note” rule to force FX traders into selling the currency. Here's how combined asset purchases are charted against the currency and the policy options facing the BoJ this week. Full charts & analysis here

Yen Bulls & BoJ "Bank Note" Rule - Boj App Jgbs Combined Apr 2 2013 (Chart 1)

 
 

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