Tokyo intervenes as USD/JPY slides, yen recovers most losses
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#191fec04 ver:0.81
The Japanese yen initially surged against the US dollar but later slid as Tokyo intervened. The Bank of Japan's decision to keep interest rates near zero diverges from the Federal Reserve's hawkish signal. Traders are now looking to US economic data for market direction. The yen's strength may be supported by Japan's trade surplus, geopolitical tensions, and potential tariffs on Chinese steel and aluminum. The USD/JPY pair is trading below 154.50 amid a weaker US dollar. #USDJPY #forex #intervention #BOJ #Fed...
#newstr #JapaneseYen #Usd/jpy #Intervention #BankOfJapan #FederalReserve #TokyoIntervention
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