Yen Weakening Past 159 Could Trigger Intervention

cryptocurrency 1 week ago
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0131 GMT — The Japanese government may intervene in the forex market to stop the rapid weakening of the yen if the currency weakens beyond 159 against the dollar, says Daiwa Securities analyst Eiji Kinouchi. The pair last stood at 154.73. The next warning line lies at 164, he adds. Investors had …
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