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"Intervention triggers USD/JPY plunge while Tokyo stocks suffer on U.S. rate worries"

1 min read
Source: ForexLive
"Intervention triggers USD/JPY plunge while Tokyo stocks suffer on U.S. rate worries"
Photo: ForexLive
TL;DR

The USD/JPY exchange rate dropped below 150.00, indicating possible intervention to prevent further decline. The market remains volatile as traders speculate on the next moves, with no immediate confirmation of intervention.

Topics:businessforexfinancial-markets#15000-level#exchange-rate#forexfinancial-markets#intervention#market-volatility#usdjpy
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  1. USD/JPY smashed lower in sign of intervention  ForexLive
  2. Tokyo stocks end lower for 4th day on persistent U.S. rate concerns  Japan Today
  3. Taiwan's Central Bank says sold USD880mn to intervene in FX market in H1 2023  ForexLive
  4. Yen tumbles and shares soar as Japan inflation begins to bite  Financial Times
  5. View Full Coverage on Google News

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