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Capital Markets: “Strategic Ambiguity Leaves Intervention Question Unanswered, but US Dollar has Steadied”

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Author: climateer
 From Marc Chandler at Bannockburn Global Forex:Overview: Dramatic yen price action around the JOLTS report yesterday after the dollar pierced the JPY150 level spurred speculation of BOJ intervention. Although there has been no confirmation, the strategic ambiguity is helping steady the yen and the dollar more broadly today, even though US yields remain firm. Final PMI readings were a better than
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