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US Treasury Secretary Scott Bessent met Bank of Japan Governor Kazuo Ueda and urged sound monetary policy to prevent excessive currency swings, per a Treasury readout. The message effectively signals Washington's tolerance for BOJ normalization, which tightens the yen carry channel and biases USD/JPY lower and JGB yields higher, a setup that historically drains leveraged liquidity from high-beta assets including BTC and ETH. Watch the next BOJ policy meeting and wage data for confirmation of a hike path; without follow-through, the yen weakness trade and carry-funded risk appetite can resume.
As a Forex signal, watch whether it changes price action, volatility, or flows around JPY=X, BTC, GSPC.
Original Source: Yahoo Finance
This page is market information analysis, not investment advice.
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