BoJ Intervention May Not Halt Yen’s Slide

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BoJ Intervention May Not Halt Yen's Slide

USD/JPY consolidates post-BoJ intervention The Japanese yen clawed back some losses after the BoJ intervened in the FX market for the first time since 1998. The central bank has loaded up on its currency in an attempt to ease the imported inflation pressure. However, this symbolic move may only offer the battered yen relief and […]

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