May 17, 2024
Finance

Yen on intervention watch; Asia shares subdued

By Rae Wee SINGAPORE (Reuters) – The yen languished near its weakest in decades on Thursday though the threat of intervention from Japanese authorities kept investors leery of pushing the currency to a new low, while Asian stocks fell ahead of a key U.S. inflation reading. Markets were largely rangebound ahead of Friday’s much-anticipated U.S.

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