Open trading account 
At the Monetary Policy Meeting held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline
for money market operations for the intermeeting period: The Bank of
Japan will conduct money market operations so that the monetary base
will increase at an annual pace of about 60-70 trillion yen.
for money market operations for the intermeeting period: The Bank of
Japan will conduct money market operations so that the monetary base
will increase at an annual pace of about 60-70 trillion yen.
After this statement, we should see some decrease of value of JPY. In the next days usd/jpy could reach the 104. We had a low of 101.75 USD/JPY and 225 pips should be an easy target for the next 3-4 days. Lets see what the market decides.
