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U.S. seeks to contain market tremors from a weaker yen

The U.S. and Japan are working to limit risks from a sharp decline in the yen that could spill into global financial markets.

Reported · Written up by our desk · Major Pairs

WSJ Markets reports the U.S. and Japan are focused on containing potential financial market tremors tied to a weakening Japanese currency.

The concern, according to the outlet, is that pressures could be triggered by a steep drop in the yen, with effects that may extend beyond Japan.

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