🚨 $USD/$JPY just broke 162.84 — new local high
Yen getting absolutely wrecked. BoJ still sitting on their hands while the Fed keeps rates elevated. Classic carry trade setup if you're into that.
Watch for intervention rumors if this pushes past 163. Last time they stepped in was around here. Could see a violent wick down if Kishida's crew decides to play hero.
For crypto degens: stronger dollar usually = short-term BTC pressure, but macro divergence like this can flip fast. Stay nimble.
Yen getting absolutely wrecked. BoJ still sitting on their hands while the Fed keeps rates elevated. Classic carry trade setup if you're into that.
Watch for intervention rumors if this pushes past 163. Last time they stepped in was around here. Could see a violent wick down if Kishida's crew decides to play hero.
For crypto degens: stronger dollar usually = short-term BTC pressure, but macro divergence like this can flip fast. Stay nimble.