http://sg.finance.yahoo.com/news/Japan-int...353846.html?x=0
Japan playing with fire.
Everytime when gov. intervenes the forex market directly, they loses big time.
Speculators love to beat government in situation like this. Just like hackers love to beat the companies when they say their system is unhackable.
With this, I am seeing a fnancial crisis coming sooner than expected. USD is going to collapse, EuroZone is going to go down with the debt crisis (they will never be able to bail out Italay and Spain like they did with Greece) and BOJ is going to go broke.
This is what happen when money is not back by anything and is just a free printing press.