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Savary: Dollar Dominance to Remain for Decades
The joint US-Japanese intervention has shifted focus to whether the Yen can strengthen beyond 155 per dollar, a key test for the rally's sustainability. Mathieu Savary, Chief Strategist & Head of FICC at BCA Research, discussed FX market dynamics with Bloomberg.
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Adjacent reporting
- After Historic Intervention, 155 Emerges as Yen’s Next Big Test
- Japan Preempts Market With Yen Intervention
- Yen Rises Sharply With Traders on Intervention Watch
- Yen touches 160 against dollar, erasing intervention gains
- Yen rises amid speculation of more intervention after U.S. support
- Joint U.S.-Japanese intervention boosts the yen — but will it be enough?