One source has told me that there has been talk of BOJ sitting down at 85.20 overnight. Fact we’ve only gotten as low as 85.23 gives the talk some credence. I’m trying to firm info up, but other sources don’t appear to have heard same so a degree of caution is probably warranted. But just to let you know there is some talk out there.
We sit presently at 85.33 in slow trade.
