Category: foxed
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Analysis-Investors foxed by Japan’s revamped FX intervention blueprint By Reuters
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By Amanda Cooper and Brigid Riley LONDON/TOKYO (Reuters) – Japanese official buying to defend the yen has become a standard feature of the foreign exchange market landscape in 2024, but authorities in Tokyo have changed their tactics, making it harder for investors to guess when and how they might intervene.…
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Analysis-Investors foxed by Japan’s revamped FX intervention blueprint By Reuters
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By Amanda Cooper and Brigid Riley LONDON/TOKYO (Reuters) – Japanese official buying to defend the yen has become a standard feature of the foreign exchange market landscape in 2024, but authorities in Tokyo have changed their tactics, making it harder for investors to guess when and how they might intervene.…