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FOREX-Yen Slips as Intervention Threat Persists, Dollar Steady
Summary by Devdiscourse
6 Articles
6 Articles
Yen slips as intervention threat persists, US dollar steady
[SINGAPORE/LONDON] The Japanese yen weakened on Monday (Sep 21) after volatility late last week put traders on alert for possible currency intervention, while a series of rate hikes and hawkish signal... Read more at The Business Times.
·Singapore, Singapore
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Despite the Bank of Japan raising interest rates to their highest level in 31 years, pressure on the Japanese yen continues. Following a 2% drop in the currency's value last week, officials' request for exchange rate quotes from banks has revived the possibility of direct intervention. 🚆
Coverage Details
Total News Sources6
Leaning Left0Leaning Right1Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
C 67%
R 33%
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