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Will Yen’s 30-Year Low Trigger BOJ Intervention?
From youtube.com/bloombergquicktake
In February, after a series of positive developments in Japan’s economic outlook, the Bank of Japan announced its first rate-hike since 2007. The impact of the move on the yen, however, was calamitous, with its dollar pair dropping to a 30-year low. Should currency traders be steeling themselves for a currency intervention by the Bank of Japan?
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