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The Japanese yen experienced a rapid decline, prompting speculation of market intervention by Japanese officials to stabilize the currency. The yen's rebound and strengthening against the dollar fueled rumors of intervention amid historic lows.
Yen strengthens sharply, triggering speculation of intervention https://t.co/dDgVvP1c0x
⚠️ FIVE CHARTS ON THE JAPANESE YEN'S DECADES-LONG DROP Full Story → https://t.co/g0KRQrplxt Japan's yen saw a sudden jump on Monday, suggesting the country's authorities may have finally followed through on the FX market intervention warnings they have be making for months. https://t.co/CP8Z2Utn8h
Japan's yen strengthened sharply on Monday in a move market participants said pointed to yen-buying intervention from Japanese authorities to stabilize the sliding currency. Read more: https://t.co/bJWEi7yV5a https://t.co/jrXSeazHG8
