DislikedIt's sad that Japan seems to get worse with everything they undertake, year after year, including this thus far poorly held intervention, IMO. While the USD is a completely different beast this time around vs. previous interventions, if BoJ just hit this with $40B and packed up for the day, that is sad. Unless they are leaving big money with the notion that they are letting shorts out, but in return want their support to launch the longing boat on the yen pairs, never looking back. They'd did announce they have a formal $405B in the 'intervention...Ignored
We are still in the lying In the Big Downtrend
While am expect there's a Selling Pressure comes From Eur Cross Like EJ which will brings effect to UJ later on
If there was easy money lying around,no one would be forcing it into your