#yenslidestofourdecadelow
Japan just hiked interest rates to 1%, thought the Japanese Yen (JPY) would rocket, but it nosedived to a 40-year low!
Interest rates up, yet the currency still tanks? The market thinks 1% is too low compared to the USD, and capital keeps fleeing.
Advantages: Booming exports, vibrant tourism, plenty of cheap Anime merch to scoop up.
Disadvantages: Expensive oil imports and costly goods, leaving folks in tears.
Crypto impact: Whales are worried about volatility and might unload their risk-on positions to pay off Yen (Carry Trade).
What to do? Keep a steady hand on the wheel, prioritize Stablecoins, and look for bottom fishing opportunities when things shift.
This isn't financial advice. #NFA✅
Use referral code VINHTOCDO to support me!
#BoJ #Nikkei225 #VINHTOCDO $BTC $ETH $BEL
Japan just hiked interest rates to 1%, thought the Japanese Yen (JPY) would rocket, but it nosedived to a 40-year low!
Interest rates up, yet the currency still tanks? The market thinks 1% is too low compared to the USD, and capital keeps fleeing.
Advantages: Booming exports, vibrant tourism, plenty of cheap Anime merch to scoop up.
Disadvantages: Expensive oil imports and costly goods, leaving folks in tears.
Crypto impact: Whales are worried about volatility and might unload their risk-on positions to pay off Yen (Carry Trade).
What to do? Keep a steady hand on the wheel, prioritize Stablecoins, and look for bottom fishing opportunities when things shift.
This isn't financial advice. #NFA✅
Use referral code VINHTOCDO to support me!
#BoJ #Nikkei225 #VINHTOCDO $BTC $ETH $BEL