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USD/JPY steadies after Tokyo intervention overnight

Japanese officials are not officially saying it but they aren't denying it either. And that pretty much confirms what happened overnight. In case you missed it: USD/JPY smashed lower in sign of interventionThat brought USD/JPY down to a low of 147.27 before a quick bounce back and the pair is now settling just above the 149.00 mark on the day. The main story in markets is still all about higher Treasury yields and that is making Tokyo's task to intervene effectively a tough one:10-year yields in... Read More

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Usd

Jpy

Steadies

After

Tokyo

Intervention

Overnight

Usd jpy

Forex

Posted: Oct 4 2023, 04:20

Author Name: forexlive

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