After a year of wild swings, the yen surprised traders by settling into a tight range clustered near 158 per dollar over recent months. But this week it broke out again, unexpectedly breaching the key 160 threshold before rebounding on speculation th...
After a year of wild swings, the yen surprised traders by settling into a tight range clustered near 158 per dollar over recent months. But this week it broke out again, unexpectedly breaching the key 160 threshold before rebounding on speculation that officials would intervene to support the currency.
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Bloomberg — Markets (EN)