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BOJ Accounts Signal Japan's Second Yen Intervention in Fed Week [Yahoo! Finance]
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Most Read from Bloomberg US and Saudis Near Defense Pact Meant to Reshape Middle East Jerome Powell Offered Markets a Reprieve. It Vanished in a Blink Tesla Axes Supercharger Team in Blow to Broader EV Market NYPD Arrests Over 300 Protesters in Crackdown on College Campuses Biden Calls Ally Japan ‘Xenophobic' Along With China, Russia The BOJ reported Thursday that its current account will probably fall ¥4.36 trillion ($28.1 billion) due to fiscal factors on the next business day of Tuesday. That's much bigger than a drop of about ¥833 billion forecast on average by money brokers, suggesting that intervention of about ¥3.5 trillion took place. The analysis indicates Japan's currency authorities made the unusual move of stepping into the market shortly after a Federal Reserve meeting when traders were still digesting the announcement. The suspected move would signal the finance ministry is taking an increasingly aggressive stance in what could become a prolonged fight to
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- German council approves a revised plan by Tesla to expand its plant near Berlin [Yahoo! Finance Canada][Yahoo! Finance Canada]
- German council approves a revised plan by Tesla to expand its plant near Berlin [Yahoo! Finance][Yahoo! Finance]
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