Dollar-yen breaks below 200-day moving average, market talk turns bearish

The dollar-yen pair's clear break below its 200-day moving average on Thursday signals that a longer-term bearish trend could be emerging.

A previous breach in February 2025 led to a 8.5% drop by late April 2025 and another instance in July 2024 led to a decline of about 7.6% by mid-September 2024…