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Iceland , Thursday 16 April 2026

FX Traders Eye Japan Response as Yen Approaches 150 Level

Published on: Sunday 16 October 2022

FX Traders Eye Japan Response as Yen Approaches 150 Level (Bloomberg) -- Traders remained on high alert for possible intervention to support the yen Monday after it touched a 32-year low and neared the key psychological 150 per dollar level.The Japanese currency was little changed around 148.60 in Tokyo trading after nine straight weeks of losses. Finance Minister Shunichi Suzuki reiterated to reporters Monday that the country will take bold action if there are speculative foreign exchange moves. “We’re constantly watching the foreign exchange market m


News source: https://finance.yahoo.com/news/fx-traders-eye-japan-response-043946593.html

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