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U.S. Dollar Slides Against Japanese Yen After Washington and Tokyo Confirm First Joint Currency Intervention in 15 Years
TOKYO — The U.S. dollar fell sharply against the Japanese yen on Monday after the United States and Japan confirmed they had carried out their first coordinated currency market intervention in 15 years, a rare move aimed at supporting the struggling Japanese currency. The announcement came after days of speculation that authorities had stepped into…
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