Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again

Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again

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Source: Coindesk.com

The FX market shows a renewed bias for anti-risk Japanese yen. A similar yen outperformance early this month, triggered carry unwind and rocked risk assets, including cryptocurrencies. Some observers fear another round of carry unwind in the near future.

The Japanese yen (JPY) is rallying against the U.S. dollar

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The post "Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again" appeared first here Coindesk.com.

Source: Coindesk.com

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