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USD/JPY Surges Back to 159 as FX Interventions Fail to Tame Yen Selloff

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The Story

News Summary

  • Coordinated FX interventions by the US and Japan failed to stop Yen weakness, with USD/JPY climbing back near 159.
  • Large interest rate differentials and structural economic imbalances continue to undermine intervention efforts, keeping upward momentum intact.
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Stored market data

USDJPY price history

154.85 -1.27% over the displayed period

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