Yen Weakens Despite Record Intervention Amid BOJ Hike Anticipation

The Japanese Yen underperformed its G10 peers in May despite record spending by Japan, risking further weakening to 160 against the dollar as markets await a Bank of Japan rate hike.

1 Jun, 03:27 — 1 Jun, 03:27

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japan-timesMostly Factual91d ago

Yen defies record intervention as wait for BOJ hike raises risks

The currency underperformed all its Group-of-10 peers in May despite record spending by Japan, putting it in danger of weakening to 160 against the dollar before June 16.

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Yen Weakens Despite Record Intervention Amid BOJ Hike Anticipation

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Yen defies record intervention as wait for BOJ hike raises risks

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