23 Hrs
Source:
The Guardian
Yen reaches 3-month high amid Trump support
The yen reached a three-month high after the US and Japan conducted a rare joint currency intervention to support the Japanese currency. The coordinated effort aimed to stabilize the yen, which had weakened to a 40-year low, and was prompted by concerns over Japan’s fiscal policies and low interest rates. US officials indicated they may carry out further interventions if necessary.
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