Huge Japan data dump – a look at the USD/JPY response (AKA “Is this thing on?”)

We got plenty of data from Japan already today:
And, well, USD/JPY (nor yen crosses) hasn’t done too much at all:
I posted earlier that . To elaborate just a little, their passive rebalancing model month ­end points to modest dollar selling vs. the JPY, GBP, CAD & AUD