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Could Monday’s Intervention Turn the Tide for Yen?

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Japan allegedly intervened for the first time in six months Most recent interventions did not produce concrete results A more hawkish BoJ is probably needed for a sustained yen rally Japan has a long history of market interventions, to weaken or prop up its currency. Several times since the 1990s, Japan, unilaterally or with help […]

The post Could Monday’s Intervention Turn the Tide for Yen? appeared first on Action Forex.

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