🚨 $USD/$JPY just broke 160
Yen getting absolutely demolished. BOJ still asleep at the wheel while the Fed keeps rates elevated.
This is either:
• Intervention incoming (watch for sudden reversal)
• Carry trade euphoria continues
JPY weakness = risk-on fuel for crypto. Watch $BTC correlation here.
Yen getting absolutely demolished. BOJ still asleep at the wheel while the Fed keeps rates elevated.
This is either:
• Intervention incoming (watch for sudden reversal)
• Carry trade euphoria continues
JPY weakness = risk-on fuel for crypto. Watch $BTC correlation here.
