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Japanese Yen gathers strength to near 157.50 on US-backed intervention

The USD/JPY pair trades in negative territory near 157.65 during the early Asian trading hours on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) following a coordinated currency intervention by the United States (US) and Japan.

Japanese Yen gathers strength to near 157.50 on US-backed intervention

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