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Yen weakens past key 145 per dollar level; yuan falls after China PMI data

The yen weakened past 145 per dollar on Friday, a level which kept speculators wary of potential intervention from Japanese authorities, while a faltering economic recovery in China also kept pressure on the yuan. The yen bottomed at 145.07 per dollar in early Asia trade, its lowest in over seven months, and was headed for a quarterly loss of more than 8%. Its renewed decline has stoked speculation that intervention by Japanese authorities could be imminent, particularly as the level of 145 pe...
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Source: yahoo.com

Yen weakens past key 145 per dollar level; Yuan falls after China PMI data

SINGAPORE : The yen weakened past the closely watched 145 per dollar level on Friday, keeping traders wary of potential intervention by Japanese authorities, while the yuan crept higher as hopes for further stimulus from Beijing gathered steam.The yen bottomed at 145.07 per dollar in early Asia trade, its
United States New Zealand United Kingdom Maybank Supaat Saktiandi Supaat People Bank

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