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Investors stay cautious about the yen after U.S. intervention

The yen has risen since a joint U.S. and Japan intervention, but investor skepticism remains despite the move.

Reported · Written up by our desk · Major Pairs

Investors continue to question the durability of recent yen gains after the United States and Japan intervened in currency markets, according to WSJ Markets.

The outlet said the yen has rallied since the joint action, but that skepticism persists among investors about how sustainable the move is.

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