For the first time in 24 years, the BoJ intervened today in order to prop up the yen. This temporary boost may stave off an immediate crisis but it's a clear example of just how strained the global monetary situation has become.
I suppose the best thing I can do is link the ZH summary of all this so here you go: https://www.zerohedge.com/markets/yentervention-japans-boj-enters-fx-mar...
And here's the chart:...
