USDJPY has raced thru 87.00 ater the BOJ has called for an extra policy meeting at 0500GMT. Analysts say it could possibly be the start of a quantitative easing announcement.

EURJPY has followed, taking out the sellers at 130.00 and the stops above at 130.30 and 130.50. Shorts should continue to scramble into Europe. Next level is here at 131.00.