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Japanese Yen Surges as Traders Speculate Foreign Exchange Intervention

by JordanWire Newsroom
April 30, 2026
in Business, Finance
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The Japanese yen climbed as much as 3% on Thursday, April 30, 2026, reaching 155.57 against the dollar as market participants speculated that Tokyo authorities intervened in the foreign-exchange market. This surge, as reported by Detik Finance, followed a series of official warnings issued to investors against further selling of the Japanese currency.

This intraday rally represents the largest gain for the yen since August 2024. The sharp movement occurred shortly after Atsushi Mimura, Japan’s top currency official, echoed…

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