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Japan's yen is under scrutiny as bets on intervention by retail investors fuel buying, with the former currency chief mentioning intervention as an option to address a weak yen. The market is closely watching US inflation data for potential impact on the yen.
Former FX Chief Says Intervention An Option For Overly Weak Yen - BBG https://t.co/9GZl8efSED
Japan’s former currency chief says intervention is among the options to address an excessively weak yen, speaking ahead of US inflation data that may nudge the yen past a level closely watched by market players https://t.co/I39RQS6bQv
Yen Intervention Bond Sales Likely A Drop In Treasuries Ocean - BBG https://t.co/6xSIc70vCA