Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows

CryptoInfo Editorial Team · Published on July 28, 2026 at 13:11 · Updated on July 29, 2026 · 1 min read

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Key Takeaways

→The yen has hit 40-year lows against the US dollar ahead of the Bank of Japan's interest-rate meeting
→Analysis has warned of a potential repeat of the 2024 yen carry-trade unwind
→The Bank of Japan's meeting is being closely watched by markets for its potential impact on crypto markets

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

The yen has repeated its 40-year lows against the US dollar, prompting market attention to turn to the upcoming Bank of Japan interest-rate meeting on Friday.

Analysis has warned that the meeting could lead to a repeat of the 2024 yen carry-trade unwind, which previously pressured crypto markets.

This news is based on reporting from CoinTelegraph, which noted the significance of the Bank of Japan's meeting for market participants.

Source: CoinTelegraph ↗