USD/JPY Surges Despite Warnings: Interest Rate Differential Fuels Carry Trade dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
Yen weakens despite BoJ intervention, trading near 34-year lows. USD/JPY may face resistance at ¥160. Watch for Fed impact and potential short opportunities.
The yen continues to depreciate, adding pressure to Japanese authorities to respond. Will recent wage growth and yen weakness bring the inflation target within reach?