Bank of Japan's previous attempt to stem the yen's rise came on September 15. As a chart shows, the USD/JPY steamrolled right over that intervention attempt . . and the October 5 interest rate decision hasn't bucked the trend, either. If another "ransacking" by a bear is possible, are there any useful signs to watch for? * Asian markets finished Mixed today: China=---%, (China's last trade = Sep-30th) Hong Kong=+0.02%, and Japan=-0.07%. * European markets are Down so far today: England=0.00%, Germany=+0.06%, and France=+0.18%. * U.S. stock futures are Mixed/Flat right now as Traders await Earnings data, which kicks off with Alcoa reporting its third-quarter after today’s close. See U.S. Stock Index futures prices down the left-side of our Home page and clicking on the "quotes and charts" link for the latest prices. (click link below) ... read much, much more, including today's outlook and Charts, at http://www.StocksDoc.com/BMO.php .
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