UPDATE: USDJPY now +4.5% - over 7 standard deviations - almost 400pips (and 450 pips in EURJPY). ES still hovering at Friday's lows though!
Thanks to Mr. Azumi's clearly unique (and Halloween-centric) perspective on Japanese currency fundamentals, USDJPY managed to peak with a six standard deviation move, bested only by 10/28/08 (what a weekend for a 3 year anniversary!!) before all the way back to 1995. However, as always with his unilateral decisions, the market seems to know best and we have already given back over 38% of the drop. Interestingly, broad risk markets have not enjoyed this move at all as correlations are not helping the Japanese cause and ES continues to leak lower.
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http://www.zerohedge.com/news/after-six-standard-deviation-jump-usdjpy-intervention-loses-382-30-minutes

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.