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Traders and investors suggested yen-buying intervention by Japanese authorities as the explanation for why the dollar fell sharply to 156.55 yen from as high as 160.245. Fox Business Personal Finance ...
Japan's yen hit a three-decade low on Monday before rebounding in a move currency traders suspected was official intervention. Support for the currency follows a years-long slide that even Japan's ...
LONDON (Reuters) -The Japanese yen surged nearly 3% on Thursday in its biggest daily rise since late 2022, a move that local media attributed to a round of official buying to prop up a currency ...
The Japanese yen (JPY) is rallying against the U.S. dollar (USD), outperforming other fiat currencies in a redux of early August market action that was characterized by sharp losses in global ...
And [Japanese officials] have no control over that," said Bloomberg. Beyond this, all "efforts by officials in Tokyo to prop up the yen so far have fallen flat." Japan has said it will take the ...
The yen’s downtrend has reversed in recent days, following the Bank of Japan’s July 31 decision to raise interest rates and ahead of an expected loosening of U.S. monetary policy.. The BOJ’s ...
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