FederalXBT

Something seriously wrong in Japan right now. USDJPY

FX:USDJPY   U.S. Dollar / Japanese Yen


Gold price in JPY is going parabolic
Ni225 Japan's index going parabolic
USDJPY looking like its going to follow.

Japan possibly stuck due to the carry trade of US bonds in Japan?

This is going to accelerate and turn bad if the BOJ does not raise rates immediately.




The USD/JPY pair never been this high since 1998 tagging it previously in 1989.
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