Author: Katie Martin

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Two weeks after the historic joint US-Japanese effort to stop the rot in the yen, it is increasingly clear that the market is in the mood for a fight.

This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters

Given the explosion in excitement about ancient Greek legends and myths, it is fitting that this week, several key protagonists in financial markets have, Icarus-style, flown too close to the sun.