• Yen Slides on BoJ Caution and Soft Inflation, Verbal Intervention Curbs Losses

    Source: Buzz FX / 27 Dec 2024 03:21:14   America/Chicago


    Yen saw broad declines during Asian session, briefly falling below 158 against Dollar, but the selloff was quickly mitigated by verbal intervention, as least partially.
    The decline was triggered by weaker-than-expected Tokyo inflation data.
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