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MARKETS-ECONOMIC TIMES · INDIAN ·

Yen teeters on cusp of 40-year low as BOJ hike fails to stem rout

As reported by Markets-Economic Times
The dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S.-Iran peace agreement. Meanwhile, the Japanese yen has plummeted to levels not seen in two years, prompting traders to keep an eye out for possible intervention from Japanese financial officials.
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The dollar maintains strength amid ongoing uncertainty about a potential U.S.-Iran peace agreement. Simultaneously, the Japanese yen has plunged to a two-year low, nearing a 40-year low, leading traders to watch for possible intervention from Japanese financial officials to…

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