BOJ considers 10t yen increase in asset-purchase program: Nikkei

Bloomberg headline.

USD/JPY at session high 80.03.

I make that 22 pips shy of the target I left you on Tuesday. I’m not impressed!!

UPDATE: Japan cabinet to endorse 700b yen stimulus package Friday: Nikkei

Market talk has buy stops gathering through 80.10. I’d like to believe those reports, but I’m just a teensy-weensy bit sceptical. Hope I’m wrong and we get an eventual spike through.