Yen hits three-month high after Trump-backed joint US-Japan intervention
The yen reached its highest level in three months, strengthening to ¥155 per US dollar, following a rare joint currency intervention by Japan and the United States. The coordinated action between Tokyo and Washington was confirmed after being executed late last week, demonstrating an unusual collaborative effort between the two governments to support the Japanese currency.
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Yen hits three-month high after Trump helps prop up currency
The yen reached its highest level in three months, strengthening to ¥155 per US dollar, following a rare joint currency intervention by Japan and the United States. The coordinated action between Tokyo and Washington was confirmed after being executed late last week, demonstrating an unusual collaborative effort between the two governments to support the Japanese currency.
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