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Yen Bears Face Risks on Joint US-Japan Action, Strategists Say

Strategists say the coordinated intervention between Japan and the US increases the risk for anyone betting against the currency. President Donald Trump said the US joined a currency-market intervention that lifted the yen last week as a sign of friendship with Japan.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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