sigrus i want to ask you somethink on PM
DislikedI'm pretty confident that the Boj is getting nervous and desperate. They have tried to gather support from other CB's numerous times ... in vain, as other countries love the fact that their exports are getting cheaper. Just read last weeks US comments about Japanese intervention ... leave it up to the markets they say ;-)
They lack the confidence and are seeking support and approval. Unfortunately for them, they are facing this currency war alone and this fact probably scares the hell out of them. A confident Boj would have intervened way sooner...Ignored
" you can't consume more than you produce "