DislikedHere is a copy and paste from 2009 which was posted by bpatto. I hope he doesn't mind me repeating it here, but it gives some insight into how the BoJ operates. He traded Asian markets extensively since the 1980s.
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Speaking from experience, the BOJ won't just flood the market with Yen. There will be a few precursor steps they will take, they want to get value for money.
Firstly they will leak news that they are going to intervene, this has already happened, and will continue to happen. It will in effect remove...Ignored
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I don't trust any move - when you have profit...take it.
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We're all stories in the end. Just try to make it a good one.
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this pig cannot be slaughtered for ever...
or can it?
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this pig cannot be slaughtered for ever...
or can it?
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this pig cannot be slaughtered for ever...
or can it?
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