Tag: yen hits
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Yen hits key 160 level for third session, dollar buoyed by Gulf woes
HONG KONG, June 5 : The Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the U.S. dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.The yen weakened to the critical 160-per-dollar mark briefly in early trades, hitting the level for
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