Arthur Hayes calls EUR/JPY prices crypto’s smoke alarm, but the Fed’s plumbing still shows no fire

CryptoSlate•Fri, Sep 4, 2026, 04:40 PM•2 min read

The pair fell 2. 38%, yet FIMA usage and scheduled reserve-management purchases remain at zero. The post Arthur Hayes calls EUR/JPY prices crypto’s smoke alarm, but the Fed’s plumbing still shows no fire appeared first on CryptoSlate .

Source: [CryptoSlate](https://cryptoslate.com/arthur-hayes-calls-eur-jpy-prices-cryptos-smoke-alarm-but-the-feds-plumbing-still-shows-no-fire/)

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