The yen was last this weak against the US dollar in late April, leading to currency interventions as the Bank of Japan deemed a rate above the psychological mark of 160 yen per USD unacceptable. The current weakness of the yen has triggered the usual warnings from Japanese officials against “excessive” volatility, which can be […]
The post USD/JPY Analysis: Rate Rises Above 159.9 Yen per Dollar appeared first on Action Forex.
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