RE:EatmoreFiberHoff,
You're assuming that the Japanese and US .gov are not working in tandem.
To think that they don't coordinate would insult one's intelligence, but I know, you like to fight.
Trendline on USDJPY has been broken. We're merely retesting. I maintain my position that the yen will strengthen and no amount of jaw boning by Cud-low will save a downturn in equities.
And as stated yesterday, my expectations were for them to come in during the day to save the market, and sure enough, here we are again. But as of 11am ET, PoG looks to be calling BS, and on a Friday even.