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Tag: APac

APac FX news summary: Yen rises, Japan’s finance minister warns of possible joint intervention with the US

APac FX news summary: Yen rises, Japan's finance minister warns of possible joint intervention with the US

Executive Summary The yen saw gains after warnings of possible currency intervention and a report indicating that some members of the Bank of Japan are considering an early interest rate hike, potentially in April. The New Zealand dollar experienced a slight increase, supported by strong manufacturing PMIs and a drop in food prices, which bode […]

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