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.