Historic Yen Rally Sparks Biggest One-Day Currency Move in Months
The Japanese yen erased roughly three months of losses against the U.S. dollar in a historic rally that fueled speculation of large-scale government intervention.
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Yen Slide Toward 162 Raises Fears of New Japan Currency Intervention
The Japanese yen weakened to its lowest level against the U.S. dollar since 1986, raising concerns that Japan could intervene again to support the currency.