Japanese Yen, USD/JPY, US Dollar, BOJ, Fed, USD/CNY, CNY/JPY, CRUDE OIL – Talking Points
- USD/JPY hits 32-year highs, officials have noted
- The market is spooked by intervention worries, but they may not be a deterrent
- If energy prices fall, that will allow further USD/JPY rallies?
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The Japanese yen continues to weaken against the U.S. dollar when it approaches technically significant levels…