USDJPY Takes Out Stops, Plunges Under 101: Drags Stocks To New Lows

It’s just getting worse for global interconnected, correlated markets where every expression of risk is the USDJPY, and of course for the Nikkei and for Abenomics, who is now on Imodium watch.  Should the USDJPY tumble to double digit range, we are officially in global central banker intervention territory.


    



via Zero Hedge http://ift.tt/1fTI5RZ Tyler Durden

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