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Market Impact: 0.4
Yen hits seven-month high as traders mull sea-change for embattled currency
Source: The Globe and Mail
Currency & FXMonetary PolicyInterest Rates & Yields
The Japanese yen reached its strongest level in seven months, extending gains on expectations that the Bank of Japan will tighten monetary policy faster. Potential repatriation of overseas investments by Japanese investors is adding support to the currency and could affect global capital flows.
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