🇯🇵 BOJ Holds Rates – Carry Trade in Focus 🪙

On Jan 23, 2026, the Bank of Japan kept its interest rate steady at 0.75%, following December’s hike to 30-year highs 📊. GDP growth was upgraded to 1%, but upcoming elections are likely delaying further tightening. Markets are now eyeing the $1T+ yen carry trade impacting crypto and global equities. If rate hikes resume around July, a stronger yen could spark unwinds, putting pressure on risk assets 📉. Japan’s $1T+ holdings in US Treasuries also raise the possibility of capital repatriation, adding more volatility.

#BoJ #yencarrytrade #CryptoMarket #MacroWatch #GlobalMarkets