We got the ball rolling on this during Asia yesterday with the new economy minister pressing the dove button:
ForexLive Asia-Pacific FX news wrap: Yen loses support from new Japanese economy minister
The BOJ and Prime Minister Ishida himself jumped in later:
Forexlive European FX news wrap 2 Oct
USD/JPY rocketed higher:
Wednesday marked one of the largest daily USDJPY pip returns in FX history
and its hit a one-month here this morning in Asia, and isn’t stopping.
The Nikkei is happy:
This article was written by Eamonn Sheridan at www.forexlive.com.
