🚨 BOJ IS GETTING DANGEROUSLY CLOSER TO UNWINDING THE YEN CARRY TRADE

In the last 24 hours, USD/JPY has dropped almost 2.5%, which doesn't happen without any major intervention.

On top of that, BOJ is most likely expected to hike rates this month, with more rate hikes possible… pic.twitter.com/LuKhj48vap

— The Macro Paper (@macropaperr) September 3, 2026