Monday, April 8, 2013

BOJ Minutes Release

Feels like USDJPY will head up to 100 and bounce off that after the BOJ minutes release.  The minutes can only show that there is some trepidation by some on the bank's committee to the grand plan (god I hope so!).  Maybe back to 97.50 for a while.  Pure technical conjecture at this point, but I think we'll hit 100 before tonight's minutes are released.
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1 comment:

  1. TucanoApril 8, 2013 at 11:57 PM

    Didn't quite reach 100. It hit 99.68 before heading south after the minutes and has touched 98.84 at time of writing.

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