Yen’s Slump Faces Make-or-Break Moment After US Inflation Data
The battered yen has been hovering near a critical turning point and a 34-year low but Japanese authorities are likely wait until a US inflation reading later this week before stepping in to prop up the yen, according to Standard Chartered.
The battered yen has been hovering near a critical turning point and a 34-year low but Japanese authorities are likely wait until a US inflation reading later this week before stepping in to prop up the yen, according to Standard Chartered.
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