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Yen falls back to 149 zone against U.S. dollar despite apparent intervention

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… ....

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Yen inches up against dollar from 32-year low on intervention fears

The yen inched up against the U.S. dollar Tuesday in Tokyo from a new 32-year low in the 149 zone overnight, as investors remained jittery over a possible yen-buying intervention by Japan following fresh warnings from the government. Tokyo stocks ended higher, with market participants taking heart from the new… ....

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