Dollar-Yen Falls To Seven-Month Lows: Is the Carry Trade Now Broken?
The yen hit its strongest level since February even as traders raised Fed hike odds. JPMorgan had flagged 155 as the level that triggers a short squeeze.
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Yen Suffers Worst Day In 2026 Despite BoJ Hiking Rates To 31-Year High: Here's Why
The BoJ raised rates to a 31-year high of 1.25%, but a 7-2 vote and a wide Fed gap sent the yen to its worst day since December.
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