A tumbling yen is spurring traders to game plan how much further Japan’s beleaguered currency can fall even with the specter of intervention looming.
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Yen Traders Brace for 160 Level Even as Intervention Risks Rise(Bloomberg) -- A tumbling yen is spurring traders to game plan how much further Japan’s beleaguered currency can fall even with the specter of intervention...
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Yen Traders Are Targeting Slump Beyond Key 152 Per Dollar Level(Bloomberg) -- Currency traders are betting that the yen will tumble beyond the closely-watched 152 per dollar level, and are ramping up wagers on a slide...
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Yen Traders Are Targeting Slump Beyond Key 152 Per Dollar LevelCurrency traders are betting that the yen will tumble beyond the closely-watched 152 per dollar level, and are ramping up wagers on a slide toward 155.
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Asian Stocks to Be Sold on CPI, Traders Wary of Yen InterventionAsian stocks are likely to be under pressure after Wednesday’s faster-than-expected US inflation data, while currency traders will be on watch for possible yen intervention, according to analysts and strategists
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Yen Is Vulnerable to Fed After BOJ Keeps Traders Guessing on More HikesThe yen is at risk of sliding back to three-decade lows against the dollar after the Bank of Japan ended negative interest rates without clear guidance on further hikes — leaving the Federal Reserve the key to near-term moves.
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