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The Nexus
BUSINESSJul 28 · 13:11 UTCCOINTELEGRAPHCointelegraph by William Suberg

Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows

Markets are closely watching the Bank of Japan's upcoming interest-rate meeting as the yen reaches 40-year lows against the US dollar. Analysis warns of a potential repeat of the 2024 yen carry-trade unwind, which previously pressured crypto markets.

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Bank of JapanorganizationYentopicUS Dollartopiccrypto marketstopiccarry-trade unwindtopic
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Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows · The Nexus