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Back Fundamental analysis
The Yen Received Support from the Central Bank
Those affected must handle their own
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Those affected must handle their own problems carefully. To reduce the negative economic impact of the Middle East conflict, the government may use fiscal stimulus, which could weaken the yen. One possible way to slow the USD/JPY rally is through currency interventions, which the Ministry of Finance is signaling.According to Satsuki Katayama, speculators have driven the yen away from its fundamentals, and the government is ready to intervene in the Forex market at any moment to stop USD/JPY bulls. Tokyo
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Marek Petkovich,
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