The Yen has lost serious value in one day against all its pairings. I wonder how the BOJ will react to this. I am not sure how much reserves they actually have as they are going to have to use a sizeable chunk to recover ground.
If they go for it, which i think they will, it could be a PIP making fountain.
If they go for it, which i think they will, it could be a PIP making fountain.