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FICC Insights

Buying Time: Yen Intervention Will Struggle To Turn The Tide

Artem Sakhbiev, FX Strategist
Japanese Yen Japan Currencies In-Depth
Publicado en

MoF FX intervention has drawn a line at 160, triggering a sharp yen squeeze. But with near-term fundamentals still stacked against the currency, USD/JPY remains poised to retest the highs before any durable turn.

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