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The Nexus
BUSINESSAug 3 · 02:08 UTCBLOOMBERG

Yen Rises Sharply With Traders on Intervention Watch

The yen is rising as the US and Japan jointly intervene in currency markets for the first time in 15 years. Bloomberg's Mark Cranfield explains the mechanisms behind the USD/JPY decline.

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United StatesplaceJapanplaceMark CranfieldpersonBloombergorganizationUSD/JPYtopicyen's declinetopic
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