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Japan, US Plot Yen Rescue as Speculators Face Reckoning

US dollar and Japanese yenJapan and the United States are preparing to unveil a joint policy as early as next week to stop speculators from driving the Japanese yen to fresh multi-decade lows. Japan Strikes First, Buying Nearly $59 Billion in a Day The move follows a dramatic week of currency action. On July 30, Japan’s Ministry of Finance […]

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