Japanese intervention speculation has promoted the yen's continued volatility and recovery
2024-04-29 07:42:14
On April 29, the dollar fell as much as 2.4% against the yen to 154.54, hitting an intraday low in a volatile market. The currency pair briefly rose above the 160 mark in the Asian session, hitting a 34-year high, and then fell sharply, sparking speculation that the Japanese authorities may have intervened.
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