BOJ Kicks Yen Longs in the Nuts….

The Bank of Japan kicked Yen longs in the nuts intervening in the currency market, sending Yen Futures down nearly 2.5% and send the Nikkei up the same magnitude.

http://stk.ly/asuoIf

Not too many have faith in the BOJ’s efforts though….

http://www.scribd.com/doc/37458415/Bofa-BoJ

Courtesy of @zerohedge