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The Nexus
BUSINESSAug 2 · 23:35 UTCBLOOMBERGJohn Cheng, Momoka Yokoyama and Alice French

Yen Bears Face Risks on Joint US-Japan Action, Strategists Say

Strategists warn that coordinated US-Japan intervention in currency markets increases risks for those betting against the yen. President Donald Trump stated the US joined the intervention as a sign of friendship with Japan.

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