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Yen at Brink of 40-Year Low Puts Markets on Intervention Watch

TOKYO, June 19 : The yen traded precariously near the weakest level in nearly four decades on Friday, putting investors on guard for potential intervention from Japan to defend its currency.With the Juneteenth trading break looming in the United States, thin liquidity conditions could open the door for Japan

8 Articles

Devdiscourse

Center

FOREX-Yen nears weakest in 40 years as BOJ hike fails to stem rout

The yen remained near four-decade lows despite a U.S.-Iran peace deal and a Japanese interest rate hike, with concerns over Japan's spending plans and potential further intervention.

3 hours ago·India

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Reuters

+2 Reposted by 2 other sources

Center

Yen at brink of 40-year low puts markets on intervention watch

3 hours ago·New York, United States

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PerthNow

Reposted by

The West Australian

Center

Weakened Japanese yen on the brink of 40-year low

The ‌yen ⁠changed hands at 161.25 per dollar in early trading in Tokyo after hitting 161.81 overnight, its weakest since July 2024.

4 hours ago·City of Perth, Australia

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熊本日日新聞社

Yen Falls, Briefly Reaching 161.81 Yen, Approaching Its Lowest Level in 39 and a Half Years (Kyodo News)

[New York, Kyodo] The yen fell against the dollar in the New York foreign exchange market on the 18th, briefly reaching 161.81 yen to the dollar, the weakest level for the yen against the dollar in about 1 year and 11 months, since July 2024. It approached the lowest level in about 39 and a half years, since December 1986.

4 hours ago

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Cryptocurrency News | Cryptocurrency Prices | Market Cap

Yen Slides to Weakest Level Versus Dollar Since July 2024

The yen slumped to its weakest level against the US dollar since July 2024, raising the risk of official intervention to prop it up. Japan’s currency …

1 day ago

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