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FX Traders See Yen Slumping as Far as 170 Against Dollar

The yen is at risk of sliding to levels last seen in 1986, with bearish traders unfazed by the specter of government intervention to bolster Japan’s embattled currency. A slump as far as 170 per dollar is possible, according to Sumitomo Mitsui and Mizuho. Bloomberg MLIV’s Ven Ram reports.

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The post FX Traders See Yen Slumping as Far as 170 Against Dollar appeared first on The Washington Standard.

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