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Yen's wild swings are just a taste of what's to come

The plunge to 160 per dollar immediately filled news reports and social media across Japan. “We cant let our guard down,” Iguchi called repeatedly as trading ensued. Other so-called red-line levels — 155 and 158 — had fallen with no pushback. Some were starting to ask if the authorities would ever act. ....

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Yen's Wild Swings Are Just a Taste of What's to Come

Yen's Wild Swings Are Just a Taste of What's to Come
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Dollar's Extended Reign Delivers Stark Wake-Up Call for Markets

(Bloomberg) The world’s financial markets are encountering a force they didn’t bet on for 2024: A strong dollar is back and looks set to stay.Most Read from BloombergTikTok to Remove Executive Tasked With Fending Off US ClaimsElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an AlternativeHaving ....

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Dollar's extended reign delivers stark wake-up call for markets | Ruth Carson, Naomi Tajitsu, Carter Johnson & Tania Chen

The world’s financial markets are encountering a force they didn’t bet on for 2024: A strong dollar is back and looks set to stay. Having entered the year predicting the greenback would decline, investors have been forced into a rethink by a red-hot US economy and sticky inflation requiring the… ....

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Currency angst going global as strong dollar vexes markets

By Ruth Carson, Carter Johnson, Anya Andrianova & Naomi Tajitsu | Bloomberg News Aresurgent US dollar is exasperating central bankers and governments around the world, forcing them into action to relieve the pressure on their own currencies. From Tokyo to Istanbul, policymakers are stepping in to defend exchange rates with… ....

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