Wednesday, June 3, 2026
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Yen Slide Pauses Before 160 as Traders Eye Intervention Risk

Traders are reluctant to push the yen beyond the key 160 level against the dollar in the face of the risk of intervention by authorities to prop up the currency.

This article was originally published by Bloomberg Markets and is republished here under license.

Traders are reluctant to push the yen beyond the key 160 level against the dollar in the face of the risk of intervention by authorities to prop up the currency.

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