Dollar/Yen Daily Chart Approaching 100

The G-20 turns a blind eye to the BOJ devaluing the yen. The political semantics say the BOJ's actions are for stopping deflation and creating the 2% inflation target, and not for yen debasement. What a tangled web the central bankers weave.  The news is an all-clear signal for stocks since the Fed and BOJ are printing money to pump the markets. The yen weakens, dollar/yen rises, and equities climb higher.  About a week ago, the dollar/yen teased the 100 level and failed, dropping down to 96. Today everyone is watching for the break through at 100 which could easily send the dollar/yen to 102 and bounce the SPX to the 1570's. The weak yen drives the Nikkei higher overnight as well as the Japanese auto companies and manufacturers. The yen is a key driver of equity markets currently. Watch the 100 level. Current print at this writing is 99.77. This information is for educational and entertainment purposes only.  Do not invest based on anything you read or view here.  Consult your financial advisor before making any investment decision.

Note Added 2:30 PM:  Dollar/yen made another noble attempt at 100 but failed, collapsing down to 99, then recovering, now moving sideways for the last couple hours at 99.30-ish.