Japanese Yen depreciates on intervention

Source: Bloomberg
© Dukascopy Bank
Japanese national currency weakened against US Dollar and Euro on government report which showed the country made a massive monetary intervention to push Yen lower in November. Japanese Yen depreciated 0.3% against greenback to JPY 76.74 and lost 0.4% against Euro to JPY 100.90. Currently USD/JPY is trading at JPY 76.73, while EUR/JPY is trading at JPY 100.83.
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