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Thin Holiday Market Raises Risk Of Further Tactical Yen Intervention — Market Talk

JPY is the strongest G10 currency, with USD/JPY falling from above 162 to around 161.0, amid reports Japanese authorities may be shifting away from calibrated jawboning toward more surprise-based intervention tactics, says NAB in a note to clients. The issue for JPY remains that fundamentals still…

Dow Jones Newswires en
Forex
NEWS dow-jones

Traders Watch Horizon For Further USD/JPY Intervention — Market Talk

USD/JPY is lower, weighed down by suspected intervention to support the yen that kicked in around five hours ahead of news of cooler-than-expected U.S. employment data, says Tony Sycamore, market analyst at IG Markets. He expects another round of intervention over the next one or two trading sessio…

Dow Jones Newswires en
Forex