Yen Spikes as Spectre of Intervention Spooks Investors

July 17, 2024

By Tom Westbrook SINGAPORE (Reuters) – Japan’s yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S. rate cuts in a few months. The euro, which scaled a four-month peak overnight, hovered near that level at …

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