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S5/10Economic
Dollar steady as focus turns to US payrolls, yen intervention jitters persist
Markets are keenly awaiting crucial U. S. non-farm payrolls data on Thursday, with the dollar holding steady. S.
Meanwhile, the Japanese yen's sharp decline to a 40-year low against the dollar has traders on edge, anticipating potential intervention from Japanese authorities, especially with a U. holiday approaching. S.
Stronger-than-expected U. jobs figures could further boost the dollar, while a weaker report might prompt intervention.
Source: Economic TimesOriginal source
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