EWJ (more) Japan conducted massive yen-buying, Dollar-selling market intervention in New York markets on Thursday, the Nikkei newspape
EWJ (more) Japan conducted massive yen-buying, Dollar-selling market intervention in New York markets on Thursday, the Nikkei newspaper reported, citing market sources. U.S. authorities also conducted so-called "rate checks," which are precursors for currency intervention, a sign Tokyo and Washington were working together to prevent Yen declines, the Paper said on Friday. per Reuters
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