U.S. Treasury Warns Banks of Possible Yen Intervention

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Handshake in front of Japan and Singapore flags.

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The Japan’s yen is back in focus after it reportedly spent up to $59 billion in one day to support its currency. Now, the U.S. Treasury has warned major banks to stand ready for possible market intervention on Friday, a move that could also affect the dollar, Treasury yields and Bitcoin. U.S. Treasury Signals Possible …

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