Yen nears key ¥160 level after U.S. inflation data, sparking intervention risk
Summary
The prospect of tightening by the U.S. Federal Reserve risks widening the U.S.-Japan rate differential and adding to downward pressure on the yen.
Description from The Japan Times.
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Yen nears key ¥160 level after U.S. inflation data, sparking intervention risk
The prospect of tightening by the U.S. Federal Reserve risks widening the U.S.-Japan rate differential and adding to downward pressure on the yen.
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