USDJPY: Get Ready For ¥165

🇯🇵 🇯🇵 USDJPY: Get Ready For ¥165: Suspected intervention to drag the yen off a 34-year low against the dollar is already seen as unlikely to have a lasting effect if Japan continues alone, raising the prospect of another bout of weakness in the beleaguered currency. That could push competitive tensions with exporting neighbors South Korea and Taiwan to a peak — and heap pressure on China where chatter is already growing about the potential for a yuan devaluation

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