Bank of Japan is close to the time to make new ...

Bank of Japan is close to the time to make new intervention. Bank of Japan is close to the time to make second intervention on the markets. The bank will continue to support the currency. Bank of Japan made the first intervention since several months on September 15th 2010. The yen lose almost 300 pips against the dollar during the intervention. World-Signals.com predict that the Bank of Japan intervention will happen when the trading of dollar/yen fall below 83 or even to levels of 82.40. Bank of Japan probably will action alone but is not exception cooperation with other banks.

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