Traders Brace for Yen Volatility After US-Japan Currency Intervention
Macro·1 article across 1 outlet
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After historic US-Japan intervention on the currency, the risk of market ructions is again rising.
Traders are spoiling for a fight over the yen as the intervention has heightened concerns about potential volatility in the currency markets.
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“After historic US-Japan intervention on the currency, the risk of market ructions is again rising”
FT — Traders are spoiling for a fight over the yen