The BOJ’s Delays New “Epoch Making” Program Until 2014

…and it was a great reason for yen shorts to take profits. There was arguable a short squeeze on positions taken with a sub-zero interest rate expectation but the delay of the open-ended asset purchasing to 2014 was disappointing but ultimately will not be reason enough for longer-term yen shorts to…

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The BOJ’s Delays New “Epoch Making” Program Until 2014

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