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Yen Wipes Out Friday s Gain as Market Focus Returns to Yield Gap

(Bloomberg) The yen has erased its sharp rebound on Friday, as concern over Japan’s low interest rates outweighs any bullishness stoked by suspected official intervention and weaker-than-expected US data.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeFrance’s Macron Calls for Reset of Economic Ties With ChinaTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in P

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Yellen mum on yen intervention

Bloomberg US Treasury Secretary Janet Yellen acknowledged sharp moves in the value of the yen last week, even as she declined to say whether.

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Ex-U S Treasury chief says currency interventions fail even at Japan s scale

Ex-U S Treasury chief says currency interventions fail even at Japan s scale
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Fed s Williams says 2% inflation target critical By Reuters

Fed s Williams says 2% inflation target critical By Reuters
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Fed s John Williams says 2% inflation target critical

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