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Bank of Japan Pattern
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Old 03-24-2006, 12:59 PM
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Arrow Bank of Japan Pattern
Just my observation, Bank of Japan (BOJ) usually launches super powerful intervention starting October 1st until the end of year. Looks like there're two phrases of intervention, first from Oct 1st until 1st Dec and second in December. Usually the two drive USDJPY to the same direction, but in year 2005, they went the opposite.









Massive intervention was launched to bring down USDJPY in that fascal year.


Usually the two drive USDJPY to the same direction, but in year 2005, they went the opposite.
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