Peter Pan(ic) policy has apparently reached its limit. USDJPY continues to slide despite Kuroda unleashing NIRP, dropping the “whatever it takes” and “no limits” tape bombs, and today’s Abe advisor Honda headlining with BoJ’s next steps may include more NIRP and more QQE… It’s over!
Every time they open their mouths USDJPY drops further…
How do you say “impotent” in Japanese?
via Zero Hedge http://ift.tt/1PX5B0z Tyler Durden