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Bloomberg Markets

Yen Soars as Traders Say Japan Intervened After ‘Final’ Warning

Yen Soars as Traders Say Japan Intervened After ‘Final’ Warning
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The yen surged as much as 3%, its biggest intraday gain in almost two years, as traders and local media said that Japan intervened in the foreign-exchange market, hours after officials delivered a “final” warning to investors against selling the currency.

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Bloomberg Markets

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