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Japanese Yen Drops to 34-Year Low - Action Forex

In Japan, the yen weakened briefly past 160 against the greenback (USDJPY) as of this morning, thus reaching its lowest level against the dollar since April 1990. The increasingly weak yen has been fuelling speculation in markets that the Bank of Japan may soon intervene to counter any further decline of its currency.

Japanese Yen drops to 34-year low

Japanese Yen drops to 34-year low
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