DislikedAll charts aside, the BoJ is still injecting a global record of QE, announced in their monthly report, attempting to end decades of deflation. Recent good data out of the UK has helped the pair this week. In addition to this, the Japan's Government Pension Investment Fund (largest pension fund in the world) this week stated the need to diversify more in to domestic equities than low-yielding government bonds, not helping to support the Yen, traders positioning off this sent it lower.Ignored
great post and insight....its nice to know the fundamental part of it as well...goes with thhe technicals...sometimes it cab be hard to keep up with the fundies...