United States Dollar Index drops to near $77.50 due to Japanese FX interventions
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after three days of gains and trading around 101.50 during the Asian session on Tuesday.
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- Japanese Yen: Intervention fears cap losses against US Dollar – Rabobank fxstreet.com
- Yen leaps after intervention, leaving the dollar bruised freemalaysiatoday.com
- Yen climbs to 155 per dollar as traders on alert for further intervention asia.nikkei.com
