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Yen Slides to Weakest Level Versus Dollar Since July 2024

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(Bloomberg) -- “The Fed meeting signaled a hawkish shift in policy,” said Andrew Hazlett, a foreign-exchange trader at Monex Inc. “This is driving dollar strength and has put the yen at levels where intervention is absolutely on the table.”

Reporting by Mia Glass, John Cheng, and Anya Andrianova