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Mitsubishi UFJ: Japan's threat of intervention may limit the strength of the United States and Japan in the short term

2024-04-02 09:55:58

Sina Financial News Mitsubishi UFJ senior foreign exchange analyst Lee Hardeman said that the recent strength of the dollar against the yen has been limited due to the increased threat of intervention by Japanese officials to support the yen. This keeps USD/JPY below 152.00. Japanese Finance Minister Shunichi Suzuki once again reiterated that the government will closely monitor market developments with a high sense of urgency and will take appropriate measures to prevent excessive volatility and does not rule out any options.

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