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Yen Soars on Speculation of Japanese Intervention

Yen Soars on Speculation of Japanese Intervention

The Japanese Yen (JPY) saw a sharp rise against the US dollar (USD) on April 29th after the Yen plunged to a 34-year low of 160.245 during the trading session. Did the Bank of Japan intervene in the Forex market? Let’s take a closer look.

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