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Strategies & Market Trends : The coming US dollar crisis
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To: ggersh who wrote (30531)10/5/2010 9:25:53 AM
From: Giordano Bruno2 Recommendations  Read Replies (2) of 71463
 
Remember when once, less than 8 hours ago, the BOJ decided to punish its currency in yet another rate reduction-cum-QE decision? Neither do we, and neither does the market - the half-life on currency intervention by the Japanese central bank is now 4 hours (and dropping), as the USDJPY is lower than where it was pre-intervention.

zero hedge
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