🚨Insane volatility in USDJPY since yesterday. The pair has now dropped nearly 2.54% from its 160.40 high to a low near 156.50 in just few hours. A currency swing this violent, two days in a row, doesn't happen without government intervention. All signs point to Japan stepping in again to defend the yen.

Japan has spent more defending its currency this year than at any point in its history. It just lost the level again. USDJPY moved nearly 1% in minutes during US hours today. From above 160 down to the 158.70s. Lowest since August 24. Currencies that size don’t do that on their own… If it was Japan, that’s the Ministry of Finance, not the BOJ. And we won’t know until month-end data. They’ve already tried twice this year. ¥11.73 trillion across April and May. Roughly $73 billion, defending this exact level. Nearly DOUBLE the largest intervention in Japanese history. Then a joint operation with the US in late July. The yen has given back more than half those gains since. The problem is the rate gap. Japan is at 1%. The Fed is at 3.50-3.75% with a 70% chance of a hike this month. You can’t intervene your way out of that. You can only slow it down. Which is why Bessent has been pushing Ueda to hike instead. BOJ meets September 17-18. That’s the one that actually matters. If you want to know where I’m deploying capital, turn notifications on. A lot of people will regret not doing it.

Weekend markets update: #DAX# 25490 -0.24% #DOW# 51727 -0.20% #NASDAQ# 30565 -0.23% #FTSE# 10727 -0.14% #HANGSENG# 24475 -0.13% #EURUSD# 11386 -0.04% #USDJPY# 15715 -0.09% #GOLD# 4279 -0.14% #USOIL# 9356 +1.72%

🚨 JAPAN'S BOND AND CURRENCY CRISIS IS ABOUT TO GET WORSE Japan's 2 year bond yield just hit a new 31 year high at 1.71%, and USDJPY is climbing back toward 160. The pressure is coming from inflation that keeps building. Producer prices rose 7.2% year over year in July, the highest in almost 3.5 years, and Tokyo core inflation has now accelerated for three straight months. Two forces are keeping that inflation alive. The Strait of Hormuz closure is keeping oil prices elevated, and a weak yen is making everything Japan imports more expensive. That is pushing the BOJ toward a rate hike as soon as September, with more hikes likely to follow. But higher rates create a second problem. Japan already carries one of the highest debt to GDP ratios in the world, so every hike makes that debt sharply more expensive to service. And there is no easy way to grow out of it. Japan's labor force is also shrinking as its birth rate falls, cutting into the country's long term growth right as its borrowing costs rise.

RECAP: 3 major FX pairs respected our upside targets this past week! 👉 🇯🇵 USDJPY+ hit upside target we'd set on June 22nd. Then, there was a historic Yen intervention! 🇪🇺 EURUSD+ hits upside target we'd set on June 29th. 🇬🇧 GBPUSD+ hits upside target we'd set on July 27th. Tap link below to see these big FX moves you might have missed👇🏽 #MarketPulse# #TradingEducation# #traders# #ForexTrader# #currencies# #tradfi# @Bybit_Official

BREAKING: Japanese companies are now selling off assets just to survive their own borrowing costs. Japan's 10-year yield hit 3% this week for the first time in three decades, and issuing new yen bonds now costs about 10 times more than it did a decade ago. A Bloomberg survey of 30 major Japanese firms found companies like KDDI and Chugoku Electric are now considering selling strategic shareholdings just to pay down debt. Toyota and Tohoku Electric say refinancing bonds due in the next two years alone could push their annual interest bills up more than 30%. Japanese companies have already sold over $110 billion in dollar and euro bonds this year just to avoid borrowing in yen, making Japan the biggest bond issuer in the entire Asia Pacific region. This is happening alongside a full blown currency crisis. USDJPY has been swinging wildly near the 160 level that already triggered joint US-Japan intervention once, while Japan's entire bond curve, from 2-year to 30-year, is sitting at multi decade highs. Rising yields, a weak yen, and now corporate Japan restructuring its balance sheet all at once. This is what a financial crisis looks like from the inside.