bank of japan
Bank of Japan Intervenes–Finally!
Thursday, August 4th, 2011As I wrote on Tuesday, the Bank of Japan could intervene on Thursday, and sure enough they did! Yen weakened overnight vs. all of the majors as the BOJ eased monetary policy. Recent Yen strength due to risk aversion in the markets has made it more difficlut for Japanese exports, so any relief they can [...]


