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Japan's yen is weakening again, prompting talk of another intervention worth billions of US dollars

From cnbc.com

A fresh bout of weakness in Japan’s currency has lead some market watchers to predict more sizeable interventions by the country’s central bank as it persists with its ultra-dovish policy in a world of high rates and high inflation. The Japanese yen has been sliding toward levels that last prompted government officials to take action to support the currency. This as foreign investors enjoy a rally in Tokyo stocks thanks to the cheaper exchange rate. The Japanese yen traded just north of 140 against the U.S. dollar on Monday, after the currency breached that level at the end of last month for the first time since ... (full story)

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  • Category: Fundamental Analysis