Japanese yen surges against dollar on possible intervention

Japanese yen surges against $

Japanese yen surges against dollar on possible intervention April 29, New York City (Trendy Update) – After hitting a new 34-year low earlier on Monday, the Japanese yen gained as much as 5 yen against the US dollar. Traders attributed this to the first yen-buying intervention by Japanese authorities in 18 months.With the U.S. Federal…

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