Tagged: BOJ

The yen strikes out on its own

Just in case you were in any doubt that people don’t have as much short JPY as they would like, note that even a fall in the Nikkei overnight couldn’t stop the march of USD/JPY:

Nikkei 20 Nov
USDJPY 20 Nov

The option market  is partly to blame for this.

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The Day Today 18 Nov 2014

* Abe to announce today that he will announce 18month delay to sales tax hike and intends to dissolve parliament for a Dec 14th election, says the Nikkei

* Draghi takes the cat firmly out of the bag: “Unconventional measures might entail the purchase of a variety of assets,

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