Japan’s Yen Jumps After Breaching Key 160-Per-Dollar Level

Japan’s Yen Jumps After Breaching Key 160-Per-Dollar Level

The yen quickly rose to touch its strongest level of the day after fading to the closely watched 160-per-dollar mark, a threshold that’s raised the specter that policymakers in Japan will swoop in again to defend the currency.

The yen quickly rose to touch its strongest level of the day after fading to the closely watched 160-per-dollar mark, a threshold that’s raised the specter that policymakers in Japan will swoop in again to defend the currency.
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Bloomberg — Markets (EN)




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