Developing: Bank Of Japan Announces Special Monetary Policy Meeting At 05:00 GMT, Likely QE Announcement Pending
Yen drops, Dollar, Euro surge. Yen - The Carry Currency, the sequel coming to a theater near you.
TOKYO (Dow Jones)--The Bank of Japan policy board will hold an unscheduled
monetary policy meeting from 0500 GMT "to discuss monetary control matters
based on recent economic and financial developments," the central bank said
BOJ Gov. Masaaki Shirakawa will also meet the press from 0730 GMT.
One assumes the narcolpetics at the ECB will be next with comparable "spotaneous announcements," once they understand they are about to get crucified if the citizens of the Eurozone wake up and realize the US and Japan have both had their way with them all night any which way, after the most recent G20 roofie session.