Japan Says It Counts Three Consecutive Days Of FX Intervention As One

Japan Says It Counts Three Consecutive Days Of FX Intervention As One Earlier today we joked when, after the third intervention attempt by Japan's MOF/BOJ, the yen promptly sold off again as Japanese officials continued to sink billions of dollars into what has become bottomless monetary pit (ignoring for a second the lunacy of spending dollars to strengthen your currency while at the same time printing yet), one which gets bigger every day the BOJ refuses to simply raise intere...

By Tyler Durden