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Japanese Yen Holds Firm as Intervention Fears Weigh on USD/JPY
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Japanese Yen Holds Firm as Intervention Fears Weigh on USD/JPY
The Japanese Yen (JPY) maintains a modest upside bias against a slightly weaker US Dollar (USD) during Tuesday’s Asian session, supported by renewed speculation over possible joint currency intervention by Japan and the United States. Comments from Japan’s Finance Minister Satsuki Katayama reignited such concerns, while expectations of a more hawkish Bank of Japan (BoJ) […] The post Japanese Yen Holds Firm Against USD as Intervention Talk Counte…
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