Bank Of Japan Intervenes In The Market To Smash Yen After Nikkei Crashes 700 Points

• Bank Of Japan Intervenes In The Market To Smash Yen After Nikkei Crashes 700 Points
  by Tyler Durden, www.zerohedge.com  
  Nikkei futures rallied post-Fed into the Japanese open (despite weakness in USDJPY) and then when trade data struck (and exposed the utter failure of competitive devaluation), everything went into freefall.  The Nikkei crashed 700 points and USDJPY plunged to its lowest since QQE2… 
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  …. which prompted us to summon the cartoon character at the head of the BOJ as follows: 

• And sure enough, just moments later right on cue  “someone” started panic selling JPY, sending the USDJPY soaring higher by over 100 pips.
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