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USD/JPY. Analysis and Forecast
The Japanese yen is holding a
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The Japanese yen is holding a modest intraday gain against a weakening U.S. dollar amid speculation that authorities may be ready to intervene to prevent excessive depreciation of the national currency. Japanese officials have toughened their rhetoric regarding potential intervention, confirming close coordination with the United States to counter sharp currency fluctuations. This triggered a reversal in USD/JPY from the 157.65 level—a two-week high formed after the decisive victory of Prime Minister Sanae Takaichi in Sunday's election.The voting results pave
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