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Yen surged significantly against all major currencies during European session, with speculation on whether Japan has intervened again in the markets. Last week, it was rumored that Japanese authorities had spent JPY 3.5 trillion to prop up Yen. Despite this, top officials have been tight-lipped, refusing to confirm any direct actions. Outgoing top currency diplomat […]

The post Yen Jumps Amid Rumored Intervention; Pound Rises with Fading BoE Rate Cut Hopes appeared first on Action Forex.

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Sterling and Euro Rebound on PMIs, But No Turn Around Yet
23/04/2024

Sterling and Euro Rebound on PMIs, But No Turn Around Yet

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