Bloomberg reporting that the BOJ didn't buy any regular ETFs today USDJPY down through 101.00 and tripping some stops to 100.87, and the yen crosses are following suit. After the BOJ started buying double the amount they usually were, a lot of market commentators assumed that they would be buying more regularly and higher amounts. The news today seems to suggest otherwise and that's popped a few expectation balloons. I'm just putting together some orders which I'll have out asap. Off the bat, there's USDJPY bids at 100.80, 100.65/70 and larger at 100.50. (Read the full story)
