Cardano Price Surges 10% as ADA Targets $0.30 
Robinhood Buys $25 Million in Bitcoin for Corporate Treasury 
Fed’s Logan Signals 50 Basis Points More in Rate Hikes 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
JPMorgan CEO Jamie Dimon Warns Mythos AI Raises Cyber Risk Tenfold 
BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
China Shuts 670 Banks as Bitcoin Eyes Financial Risks 
Trump Demands Powell Resign Over Fed Renovation Cost Overruns 
Zcash Mining Profits Surge as Liquidity Risks Grow 
Add as a preferred source on Google
As per the Abenomics, which eyes on fresh fiscal easing, made possible by the fact that the BOJ has already bought a decent chunk of the government’s debt. That edges Japan closer to central-bank financed fiscal policy and raises the stakes – for the economy and the currency.
The capital outflows referred to above will remain JPY negative until at least mid-2016. And this figure does not include other public pension funds that follow GPIF and have only just started reallocating
If this latest throw of the dice delivers a sustainable acceleration in growth, the yen has scope to recover further, but the jury’s out.
However, the balance of payments data show significant long-term capital outflows from Japan, which suggest that the yen’s bounce, at these levels, is overdone.
As a result, we could foresee the USD/JPY to claw its way back above 110 in the coming months.
The Bank of Japan remains concerned by yen strength and could prevent a move below 100.
Since 1-3m IVs in this pair seems to be considerably spiking, the leveraged call spread can be deployed in FX portfolios saying thanks to high 2m volatility.
