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The yen retreated to the lower 149 zone versus the U.S. dollar after briefly surging to the 145 level Monday in Tokyo, with the effect of another apparent yen-buying intervention by Japan short-lived. Tokyo stocks ended higher, tracking gains on Wall Street on Friday amid speculation that the U.S. Federal… ....
The yen remained weak mostly in the lower 147 zone against the U.S. dollar in Tokyo on Friday after hitting a 32-year low overnight as U.S. inflation data strengthened prospects for aggressive interest rate hikes in the world's largest economy. Tokyo stocks ended sharply higher, with the benchmark Nikkei index… ....