USD/JPY Projected at 165 — Carry‑Trade Pressure on Crypto Could Spike Liquidity Risks
Goldman Sachs sees the dollar‑yen hitting 165 by year‑end, a move that could force massive yen‑funded crypto unwind and test on‑chain liquidity.
Cowlpane has published 20 articles on carry trade — primarily in Trading, Crypto , with coverage from 2026. Sourced from global financial publications.
Goldman Sachs sees the dollar‑yen hitting 165 by year‑end, a move that could force massive yen‑funded crypto unwind and test on‑chain liquidity.
The final Australia manufacturing PMI rose to 51.5, a five‑month high, nudging the Aussie higher and reshaping short‑term positioning for commodities and carry trades.
A 5.3% YoY surge in Japan's May retail sales forces traders to rethink yen shorts and BOJ policy bets as wage‑driven demand spikes.
The PBOC’s 6.8041 USD/CNY fixing this Thursday signals a subtle shift in yuan sentiment, prompting traders to rethink carry positions and hedge plans.
USDCAD slipped to 1.3442 as softer PCE data knocked U.S. yields, reviving the double‑top pattern and opening a window for bearish positioning.
A 161.60 USD/JPY option expiry meets BOJ’s warning that rates must near neutral, tightening the range for traders this week.
Brent fell under $78, prompting the RBI to step in and push the rupee into a tighter 94.25‑94.30 range, a sweet spot for carry trades and short‑term scalps.
The People’s Bank of China’s 6.8209 reference rate undercuts forecasts, tightening liquidity and reshaping short‑term FX positioning across the Pacific.
PBOC sets yuan’s reference rate higher, injecting 662.5bn yuan, a move that may tilt carry trade dynamics.
The People’s Bank of China set the yuan’s midpoint at 6.7913, nudging short‑term traders and long‑haul investors toward tighter range‑bound plays and higher carry opportunities.
PBOC’s 6.8150 yuan benchmark nudges the currency toward a tighter stance, signaling a shift that could reshape carry trade strategies.
USD/JPY surged to its highest level since 1986, forcing traders to rethink carry strategies and short‑term yen short positions.
The U.S.‑Iran memorandum pushes the dollar above 100, forcing traders to rethink EURUSD swing levels and hedge exposure.
EUR/USD hits 1.1500 at option expiry, nudging traders toward new hedging tactics in the coming weeks.
USDJPY’s 160.79 peak forces traders to reassess carry trade viability and pivot to higher‑yielding dollar assets.
South Korea’s new verbal support for the won after a U.S.‑Iran ceasefire deal sends the currency higher, offering a window for short‑dated carry trades.
A 0.20% uptick in the USD/JPY pair signals a subtle shift toward safe assets, tightening carry trade dynamics and reshaping risk‑averse equity exposure.
ECB’s 25‑basis‑point jump leaves the dollar flat, nudging traders to rethink FX spreads and risk‑weighted positions.
Fed cuts postponed to 2027 forces traders to rethink USD strength and pivot to longer‑dated interest‑rate plays.
With no major catalysts, the euro stays on a tight band, forcing traders to look for micro‑moves and low‑risk setups.