After an intervention scare yesterday evening sent the yen plummeting for a few hours, it has...


After an intervention scare yesterday evening sent the yen plummeting for a few hours, it has returned back to a ¥78 handle. In Europe, the Swiss franc is also at extreme levels vs. both the euro and the greenback. Exporters are feeling the pain and politicians the pressure. It seems only a matter of time until one or more interventions.

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