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Why the historic U.S.-Japan intervention has failed to halt the yen’s slide - CNBC

Why the historic U.S.-Japan intervention has failed to halt the yen’s slide - CNBC

The Japanese yen has erased about half of the gains from an unprecedented U.S.-Japan intervention less than two weeks ago.

The yen gained on Wednesday following a rally in Japan's equities and bets on more fiscally responsible policies after Prime Minister Takaichi's election win. The Japanese yen has erased about half … [+4713 chars]

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