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Yen Intervention Rally Faces High Hurdle at 155 to the Dollar

Yen Intervention Rally Faces High Hurdle at 155 to the Dollar

The yen’s failure to breach 155 to the dollar after repeated cases of suspected intervention by Japan is raising questions over the durability of the currency’s recent advance.

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Yen Intervention Rally Faces High Hurdle at 155 to the Dollar — Trace