COINOTAG News reports that after remarks delivered by Haruhiko Kuroda, the head of the Bank of Japan, the USD/JPY currency pair advanced by about 60 pips, with intraday gains extending to roughly 0.50% and trading near 156.37. The move underscores how policy commentary can reprice carry dynamics and liquidity conditions in Asia-Pacific markets.
In the crypto space, this macro risk tone can shape risk appetite and liquidity for digital assets. A firmer USD often translates into near-term pressure on Bitcoin and other cryptocurrency assets as investors rebalance exposures. Market participants will monitor further macro commentary and inflation data to assess cross-asset correlations and how liquidity might flow into both spot and derivatives markets.
Source: https://en.coinotag.com/breakingnews/usd-jpy-climbs-to-156-37-after-boj-governor-kuroda-speech-up-60-pips
