Japan goes hard with latest intervention push, USD/JPY drops to ten-week low

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Their previous attempts since last week were thwarted by buying closer to the 155.50-70 region. But after a push towards the 158.00 mark yesterday, Tokyo officials look to be saying enough is enough and are going hard on the intervention push today. The latest round of yen buying support from the MOF now sees USD/JPY fall to its lowest in ten weeks.

This article was written by Justin Low at investinglive.com.

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