Traders report that China is a seller of USD/JPY on rallies toward the 82.20 level. There were rumored they were on the bids overnight as USD/JPY spiked lower on rumored Japanese margin calls.
China is still rumored to be holding a 80/85 DNT in USD/JPY.
USD/JPY has gotten a minor lift from word that the BOJ has doubled its latest QE program to approx $170 bln…
