Japan’s Verbal Intervention Offers Yen Some Respite

<p>Markets The dollar caught all market attention yesterday. Surging against everything and everyone, the trade-weighted index closed beyond the 104.7 resistance (May high). EUR/USD (1.0722) lost the upward trading range and the next (intermediate) support at 1.0735 also succumbed. USD/JPY (147.72) finished at the highest level since November last year, bringing the October 2022/multi-decade high […]</p>
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