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Yen leaps after intervention, leaving the dollar bruised
The yen surged significantly after authorities intervened in foreign exchange markets. This intervention followed a substantial yen-buying operation by Japan last week. Other currencies like the euro and sterling also saw gains against the dollar. Oil prices fell after President Trump called off an attack on Iran. Investors now await US nonfarm payrolls data for economic clues.
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⚠️ A model estimate of cascade risk — not a guarantee and not buy/sell. Calibration uses resolved outcomes only; monitor confirmation indicators below.
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