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Japanese Yen consolidates at 40-year lows against USD amid high intervention risks

요약

The Japanese Yen (JPY) continues heading south against the US Dollar (USD) on Wednesday. The USD/JPY pair has eased to the 162.70 area after hitting a fresh 40-year high at 162.84, but remains above Tuesday’s high of 162.67, nearly 0.6% higher on the week so far.