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17 Jul 2026 · 23:23 GMT+3
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Japanese Yen: Verbal intervention fails to move JPY against US Dollar – Scotiabank

Scotiabank’s Shaun Osborne and Eric Theoret note USD/JPY is little changed despite strong verbal intervention from Finance Minister Katayama, who warned of decisive action at any time. Markets remain unimpressed, given repeated rhetoric and limited impact from actual Yen buying.

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