USDJPY : my 2 cents opinion of what BOJ doingSo far when I read in the MSM, I can say everyone is criticizing what the BOJ and Ueda did on Friday. JPY is free falling with grave consequences.
But when I look at the chart, I think what I can see is more like rates going back to normal - in a historical context. I think by next week, the Yen would have finally broken FREE from the lost decades. And I guess they would not be so dumb as to go through another round of Plaza Accord type of arrangements.
Good luck - lets help the Japanese by BUYING.
P/S : As always, do not just believe what I say. Use your common sense.