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0.00182815356489958 0.00182815356489958 0.00182815356489958 0.00182815356489958 0.000914076782449869 1.62372654424155E-16 -0.00457038391224853 -0.00457038391224853
Stock impact report

UPDATE 1-Japanese yen suddenly jumps against dollar [Yahoo! Finance]

SOCIETE GENL FRNCE S/ADR (SCGLY) 
NASDAQ:AMEX Investor Relations: societegenerale.com/en/investors
Company Research Source: Yahoo! Finance
The dollar fell sharply to 155 yen from 156.8, before tracking back to around 156.23, up 0.3% on the day. It was not immediately clear what caused the move. Japan's Ministry of Finance was not immediately available for comment. "The MOF is almost duty-bound to go in and send a message to markets and the trading community is bound to challenge that," Kit Juckes, currency strategist at Societe Generale, said. "What bothers me is that dollar/yen is not going up in a disorderly way for the MOF to whack it back down the other way." Traders have been on watch for weeks for possible intervention by Japanese officials, as even a historic exit from negative rates has failed to lift the currency. It hit a 34-year low earlier on Friday as the Bank of Japan left interest rates on hold at its latest meeting. Japan intervened in the currency market three times in 2022, selling the dollar to buy yen, first in September and again in October as the yen slid towards a 32-year low of 152 to t Show less Read more
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