Yen Softer but FX Traders Remain Dubious of Intervention

Discussion in 'Market News' started by Daily.Forex, May 5, 2016.

  1. Daily.Forex

    Daily.Forex Forum Member

    Sep 2, 2015
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    For a third consecutive day, the Japanese Yen continued to weaken, however it is trading very near to an 18-month high. FX traders remain unconvinced that the Bank of Japan is on the verge of intervening in the Yen’s rise, despite recent rhetoric to the contrary.

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