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Tasmiya

06/19 11:49

The Japanese yen is approaching its weakest level

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The Japanese yen is approaching its weakest level against the US dollar in nearly four decades, and traders are watching the 161.95 level closely. According to reports, USD/JPY recently touched 160.80, with many analysts expecting a move toward 162. This would mark the weakest level for the yen since late 1986 and could trigger another round of intervention from Japanese authorities.
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