Tag: analysis:tokyo keeps
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Analysis:Tokyo keeps powder dry as ‘line in the sand’ on yen shifts
TOKYO, June 30 : The yen’s break through a long-defended 162-per-dollar level to its weakest in four decades has reinforced expectations Japan may tolerate more yen weakness, with 165 increasingly viewed as the next line in the sand for official intervention.Unlike past rounds of dollar selling, analysts say
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