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Friday, September 14, 2012

Currency Intervention Has Massive Effect

When I've seen currency intervention, it moves the market enormously.

Is this an accurate heads up on intervention?  Wouldn't that be nice!

Japan would sell Yen to lower it and that would be huge.

The last two times I've seen it, it was stunning.  Hundreds of points on the futures contract, 6j, went by.

Here is article link on Marketwatch:

http://www.marketwatch.com/story/japan-goes-on-intervention-watch-after-feds-qe3-2012-09-13


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