Japanese yen jumps against dollar hours after intervention - Reuters
Japanese yen jumps against dollar hours after intervention Reuters
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"speculation remained rife, a blunt warning that officials were ready to step back into markets after intervening just hours earlier to support the yen."
— Atsushi Mimura , Executive
"speculation remained rife, a blunt warning that officials were ready to step back into markets after intervening just hours earlier to support the yen."
— Atsushi Mimura , Executive
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<a href="https://news.google.com/rss/articles/CBMimgFBVV95cUxQb1BTOVFITnhCNHBBYVdtaUhNTmhlaTR6T1dsRkNsQjU1V0Q2alpmcFV3SVdCTkRMYkp2R2dPMVJNQkEzc0dPYmcxUGpqbmJZTmFFVTItSkRuTC1hTlFBel9CNVpJVm9kTEdfWlZuc0JnNXM4YVI5bzZmN3VUeDgxb3BCaVdMbkJJRGJWYV9DMVhxUTF3dlNVM3Z3?oc=5" target="_blank">Japanese yen jumps against dollar hours after intervention</a> <font color="#6f6f6f">Reuters</font>
The yen unexpectedly rose against the dollar on Friday, a day after Tokyo authorities were believed to have intervened to prop up the currency.
The yen strengthened against the dollar on Friday, following intervention by Tokyo authorities to support the currency, with the dollar falling to a session low of 155.60 yen from 157.12 earlier.
The U.S. dollar fell sharply against the yen after Japanese authorities were reported to have intervened in foreign exchange markets to support their currency.
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