It was only yesterday that Japan's economy minister Ishihara was on the wires;
- Yen was strong for period of time
- Yen has now calmed a bit
How long before we hear from him and his mates hating on the one-way move?
USD/JPY much lower again even after the overnight drops:
A few minutes ago we got: Reports Japan stimulus draft calls for continued cooperation with the BOJ
And, as I noted ... that news is getting real old real quick. "Flogging a dead horse" "Buy the rumour sell the fact" Phrase it however you like.
