''Currency Wars as Speculation of BOJ Easing – Yen Weakness Continues''

"Whilst the BOJ has set this inflation “goal”, it does two things firstly, it means the BOJ are setting themselves up for the obvious failure of achieving the stated “goal” as the Japanese economy for 18 plus years has been fighting deflation. Secondly, which is the more likely reason for this action is this is just a proxy for the BOJ to carry out QE as their official interest rate is 0.1% that leaves no room to move official rates- only option is QE for Japan. The currency wars are bound to heat up. The BOJ currently looks as if they are trying to jawbone the Yen weakness further and arm themselves with reasons to go to QE.  All is fair in currency wars!"