CryptoCointelegraphabout 1 hour ago
Yen nears 40-year lows ahead of BoJ meeting
1 min read
The Japanese yen is approaching new 40-year lows against the US dollar. The Bank of Japan will decide on interest-rate changes on July 31, with rates at 1%, their highest since 1995. Analysts warn the yen carry trade could unwind, repeating a 2024 crypto headwind.
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