“They’ve Totally Lost Control” – Yen Puke Sparks Market-Wide Chaos

• “They’ve Totally Lost Control” – Yen Puke Sparks Market-Wide Chaos
  by Tyler Durden, https://www.zerohedge.com/
  Despite intervention chatter overnight, the Japanese Yen is puking hard this morning, crashing above 151/USD just hours after breaching 150/USD for the first time in 32 years…
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  That Finance Minister Shunichi Suzuki reiterated Friday that Japan was ready to act, saying that the recent sudden, one-sided yen weakness was undesirable and he was watching markets with a high sense of urgency. 160/USD (from April 1990) looks like the next support…
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