Yen Gains After Hitting 38-Year Low, Traders on Intervention Watch
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#56764ea7 ver:0.49

The Japanese yen has hit a 38-year low against the US dollar, driven by low interest rates in Japan. Traders are watching for intervention from Japan's Ministry of Finance and central bank. The strength of the US dollar and previous intervention efforts have contributed to the yen's decline. Traders are waiting for the Bank of Japan's July meeting and US inflation data to determine the outlook for the yen. Asian currencies have also fallen due to the prospect of higher US interest rates. The yen's weakness highlights the US Federal Reserve's influence on global markets. #yen #forex #intervention #USdollar...

#newstr #JapaneseYen #UsDollar #Intervention #InterestRates #FederalReserve #PceData #UsInflation #GlobalMarkets #AsianCurrencies #BloombergAsiaDollarIndex 

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