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Exclusive-Japan shifts to ambush intervention tactics against yen short sellers, sources say

business

Japan's central bank is shifting to surprise interventions to defend the yen. Instead of gradual, predictable moves, the bank will launch sudden 'ambush' actions to catch currency traders off-guard, according to Channel NewsAsia. The new approach reflects frustration with conventional defenses in volatile forex markets.

Source: https://www.channelnewsasia.com/business/exclusive-japan-...

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