International Economic
BoJ intervenes for second time to weaken yen
By Alexander Bueso
Date: Thursday 11 Feb 2016
(ShareCast News) - The Bank of Japan reportedly intervened for a second time this week on Thursday afternoon in a bid to weaken its currency.
At approximately 12:28GMT, the BoJ intervened in the dollar/yen, sending the currency pair immediately higher by 250 pips in one minute, from 111.25 to over 113.0.
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