Commented by IFC Markets (www.ifcmarkets.com): The main theme of European trading became a decision of the Bank of Japan to throw into the market additional liquidity, and market players estimated aspects of analogical acts of another central banks. At extraordinary policy meeting Bank of Japan made a decision to extend quantitative easing programme, supplying cheaper credit. At the same time the government made it clear to understand that it was ready to intervene in the situation on the currency market in the case of further yen strengthening and consumer price decline. Bank of Japan unanimously decided to pump into commercial banks short-term credits by 10 trln yen to support liquidity, leaving its interest rate at the level at 0.1%. Bank of Japan governor Shirakawa told on press conference nothing about a possibility of currency intervention. Dollar/yen is now trading at 86.87 and small bids are at 86.80 and 86.60.