Yen Triggers Market Turmoil. Forecast as of 12.08.2024

For an extended period, the yen was constrained by the considerable disparity between the Fed and Bank of Japan interest rates. However, in late July and early August, the currency managed to overcome this roadblock, triggering a significant market turmoil. Let's discuss this topic and make a trading plan for the USDJPY pair.Highlights and key points The Bank of Japan may abandon policy normalization. The winding down of carry trades has caused turbulence in the markets. Increased volatilit