Markets eye Bank of Japan meeting on Friday as yen repeats 40-year US dollar lows

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Markets are closely eyeing the Bank of Japan's interest-rate meeting on Friday, as the yen continues to trade near 40-year lows against the US dollar. Analysis warns of a potential repeat of the 2024 yen carry-trade unwind, which previously pressured crypto markets, and this could have significant implications for global asset prices and investor sentiment in the coming days.