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Japanese Yen Strengthens To Near 159.00 On Upbeat GDP Data, Intervention Risks Rise
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Japanese Yen Strengthens To Near 159.00 On Upbeat GDP Data, Intervention Risks Rise
BitcoinWorld Japanese Yen Strengthens to Near 159.00 on Upbeat GDP Data, Intervention Risks Rise The Japanese yen strengthened to approximately 159.00 against the US dollar on Wednesday, supported by better-than-expected gross domestic product (GDP) data from Japan. The move has renewed market focus on potential intervention by Japanese authorities to curb excessive volatility in the currency pair. GDP Data Boosts Yen Sentiment Japan’s economy …
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