The US Treasury warned banks of potential yen intervention for the first time in over 20 years. Here's why crypto traders need to watch the carry

The yen surged 2% against the US dollar amid intervention speculation, raising fears of a carry trade unwind that could trigger significant

July 31 : The U.S. Treasury has informed a number of banks that it may intervene in the Japanese yen market on Friday and that they should "stand ready for future action," a…

Banks told to prepare for possible operation to buy Japanese currency