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Currency intervention is no strategic solution: time to buy JPY pairs?
  • The Bank of Japan intervened in the currency market this week for the first time in more than two decades
  • Despite the strong signal that it won't tolerate a weak yen, the central bank has limited firepower
  • The USD/JPY exchange rate recovered from the lows as investors are still willing to sell the yen
September 24, 2022

Market analysis

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